Versatile Building Near Caltrain

422-426 Peninsula Ave, San Mateo, CA 94401

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For Sale

$1,999,999

Adaptable building suitable for office, school, medical, or residential use.

Type:Investment

HighLights

Versatile zoning permits a wide variety of uses.
Located within walking distance (0.5 mile) to the Burlingame Caltrain station.
High walkScore of 84 (Very Walkable) and bikeScore of 81 (Very Bikeable).
Existing layout includes reception area, 9 private offices, large conference room, restrooms, and break room.
Features an outdoor patio.
Available for lease or sale.

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Listing Contact

Alexander Kent

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For Sale

$1,999,999

Adaptable building suitable for office, school, medical, or residential use.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 6:08 pm

Property Features for 422-426 Peninsula Ave

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1954

We can help!

Listing Contact

Alexander Kent

Listing agent Alexander Kent License #01718732

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Alexander Kent

HighLights

Versatile zoning permits a wide variety of uses.
Located within walking distance (0.5 mile) to the Burlingame Caltrain station.
High walkScore of 84 (Very Walkable) and bikeScore of 81 (Very Bikeable).
Existing layout includes reception area, 9 private offices, large conference room, restrooms, and break room.
Features an outdoor patio.
Available for lease or sale.

Overview

This property is suitable for a variety of purposes, including office, preschool, school, medical, and laboratory uses, as well as a new housing development or triplex with the addition of showers and other improvements. The building features a reception area, nine private offices, a large conference room, three sets of restrooms with two each, a break room, and an outdoor patio. It is located half a mile from the Burlingame Caltrain station and is within walking distance. The zoning allows for administrative, executive, and professional offices, including professions such as accountants, architects, attorneys, engineers, dentists, physicians, and veterinarians. Other permitted uses include retail of goods and services, restaurants, health and recreation facilities, schools, day care centers, financial institutions, business offices, laboratories, warehousing, storage, and distribution. Residential use is also permitted under R3 multi-family zoning. Special uses such as clubs, hotels, religious facilities, kennels, community centers, and schools are also allowed. The property has a bike score of 81, indicating it is very bikeable, and a walk score of 84, indicating it is very walkable. The transit score is 26, indicating some transit options are available.

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: San Mateo
County: San Mateo
State: California
Longitude: -122.336244
Latitude: 37.578761

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For sale
Office buildings
CA
San Mateo
94401
422-426 Peninsula Ave

What type of property is this?

Office building - Adaptable building suitable for office, school, medical, or residential use.

Where is this office building located?

The property is located at 422-426 Peninsula Ave San Mateo, CA.

What is the asking price?

The asking price for this property is $1,999,999.

What are key features of this property?

This property features: Versatile zoning permits a wide variety of uses.; Located within walking distance (0.5 mile) to the Burlingame Caltrain station.; High walkScore of 84 (Very Walkable) and bikeScore of 81 (Very Bikeable).