Conventional Restaurant
For Sale
$2,000,000
168 W 25th Ave, 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
Days on Market91
Property Features for 168 W 25th Ave
General Information
Standard status
Active
Size
2,837 SF
Property subtype
Multifamily
Amenities
Fully Vacant 2 Unit Retail Building
Excellent San Mateo Location
First Time on Market in 30 Years
Building Details
Building Size
2,837 SF
Units
2
Listing Agency:
Marcus & Millichap - San Francisco
Listed By:
Sam Runco · License #License(s): CA: 01977683
(415) 625-2159
Source:
Marcusmillichap
Added: Jul 9
Changed: Oct 4
Last Checked: Oct 5 at 3:12PM
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 - San Francisco
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$77,622
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,440
$1.6M
Cap Rate 7%
$1,108,886
$1.1M
Cap Rate 9%
$862,467
$862.5K
Market Conditions
NOI Build-Up for 2,837 SF
Gross rent
$108.6K $38.28/SF
− Vacancy
−$5.1K −$1.80/SF
EGI
$103.5K $36.48/SF
− OpEx
−$25.9K −$9.12/SF
NOI
$77.6K $27.36/SF
Area
San Mateo, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,440
Cap Rate 7%
$1,108,886
Cap Rate 9%
$862,467
Alternative Uses
Best Use
Specialty Retail
$1.11M
$970.3K – $1.29M
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
NOI $78,546 @ 7.0% cap · market cap 3.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,242
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 84%
Shops & Services 16%
Nordstrom
Apparel
66,683 visits/mo
0.5 miles
Jo-Ann Fabric and Craft
Shops & Services
12,981 visits/mo
0.5 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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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 Ave 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
