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Conventional Restaurant Property
For Sale
$2,000,000

168 W 25th Avenue, San Mateo, CA 94403

For sale restaurant at 168 W 25th Avenue with total size of 2,837 in San Mateo.

Property Size2,837 SF
Price / SF$704.97
Days on Market25

Property Features for 168 W 25th Avenue

General Information

Standard status Active
Size 2,837 SF

Building Details

Year Built 1968
Listing Agency: Marcus & Millichap
Listed By: Philip Batlin · License #01873218
Source: Evrealestate
Added: Jul 9 Changed: Jul 21 Last Checked: Aug 1 at 5:43AM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This property is being offered for sale as a conventional restaurant, and it is also categorized under spa & wellness and healthcare commercial real estate classifications. The total property size is 2,837.

Located at 168 W 25th Avenue in San Mateo, the property is within San Mateo County. The listing does not provide additional details on layout, condition, or specific improvements beyond the commercial property classifications and total size.

Key Highlights

  • Restaurant for sale at 168 W 25th Avenue in San Mateo
  • Total property size: 2,837 SF
  • Built in 1968

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $108.6k $38.28
− Vacancy −$5.1k −$1.80
EGI $103.5k $36.48
− OpEx −$25.9k −$9.12
NOI $77.6k $27.36
2,837 SF · lease $38.28/SF/yr · vacancy 4.70% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.11M
$970.3K – $1.29M (±1% cap)
NOI $77,622 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$981.8K – $1.31M (±1% cap)
NOI $78,546 @ 7.0% cap · market cap 3.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

PJ's Pizza Co. Restaurant

Suggested Use

Top Pick Food Market Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Storage Facility Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,609
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Jo-Ann Fabric and Craft Shops & Services
12,981 visits/mo 0.3 miles

Demographics for 94403, CA

45,057
Population
17,682
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
92%
High-School Grad
5.6 sq mi
ZIP Area
8,046
Density / Sq Mi
$179,825
Median Household Income
$93,542
Median Earnings
$3,273
Median Rent
$1,725,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Daiki Sushi — 2075 S El Camino Real, San Mateo, CA 94403

Frequently Asked Questions

What type of property is this?
Conventional restaurant - For sale restaurant at 168 W 25th Avenue with total size of 2,837 in San Mateo.
Where is this conventional restaurant located?
The property is located at 168 W 25th Avenue San Mateo, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Restaurant for sale at 168 W 25th Avenue in San Mateo; Total property size: 2,837 SF; Built in 1968
More about this property
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