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Storefront with Salon Buildout
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153 E 5th AVE, San Mateo, CA 94401

The space accommodates office, retail, and personal-service uses in a downtown setting across from Central Park.

Property Size845 SF
Price / SF$4.35
Days on Market379

Property Features for 153 E 5th AVE

General Information

Standard status Active
Size 845 SF

Building Details

Year Built 1958
Listing Agency: Compass
Listed By: Guy Giuffre · License #01393931
Source: Giuffreproperties
Added: Oct 17, 2025 Changed: Oct 28 Last Checked: Oct 28 at 4:30PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

This 845-square-foot storefront, built in 1958, is configured as a hair salon. The space is also identified for office, retail, and personal-service uses, offering a compact commercial layout in downtown San Mateo.

Central Park is across the street, with public parking lots accessible nearby. The property has a 99 Walk Score and is six blocks from Caltrain; SamTrans bus service, BART, and San Francisco International Airport are also cited as nearby transportation options. The setting includes pedestrian activity, and the storefront offers signage opportunities.

Key Highlights

  • 845 square feet; currently configured as a hair salon
  • Identified for office, retail, and personal‑service uses
  • Across from Central Park in downtown San Mateo

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,578
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,560 $431.6K
Cap Rate 7%
$308,257 $308.3K
Cap Rate 9%
$239,756 $239.8K
Market Conditions
NOI Build-Up for 845 SF
Gross rent
$32.3K $38.28/SF
− Vacancy
−$1.5K −$1.80/SF
EGI
$30.8K $36.48/SF
− OpEx
−$9.2K −$10.94/SF
NOI
$21.6K $25.54/SF
Area
San Mateo, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,560
Cap Rate 7%
$308,257
Cap Rate 9%
$239,756

Alternative Uses

Best Use
Retail
$308.3K
$269.7K – $359.6K (±1% cap)
NOI $21,578 @ 7.0% cap · market cap 587.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.2K
$292.4K – $389.9K (±1% cap)
NOI $23,395 @ 7.0% cap · market cap 636.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Renew Salon Hair Salon

Suggested Use

Top Pick Pet Grooming Service Tanning Salon (Bike/Boat/Book/etc) Store Fish Market Florist Cosmetic Store

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

3,881
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 34% Apparel 8% Home Improvements & Furnishings 4%
Starbucks Dining
16,243 visits/mo 0.2 miles
Bank of America Shops & Services
9,959 visits/mo 0.4 miles
Philz Coffee Dining
8,482 visits/mo 0.2 miles
Baskin-Robbins Dining
7,566 visits/mo 0.2 miles
Citibank Shops & Services
6,123 visits/mo 0.3 miles

Demographics for 94401, CA

35,249
Population
13,798
Households
2.6
Avg Household Size
37
Median Age
45%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
11,371
Density / Sq Mi
$121,258
Median Household Income
$57,724
Median Earnings
$2,713
Median Rent
$1,123,300
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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Edmond's Plaza Florist, Inc. — 120 E 3rd Ave #4013, San Mateo, CA 94401
  • Amos Orchids — 340 N Ellsworth Ave, San Mateo, CA 94401

Frequently Asked Questions

What type of property is this?
Storefront property - The space accommodates office, retail, and personal-service uses in a downtown setting across from Central Park.
Where is this storefront property located?
The property is located at 153 E 5th AVE San Mateo, CA.
What are key features of this property?
This property features: 845 square feet; currently configured as a hair salon; Identified for office, retail, and personal‑service uses; Across from Central Park in downtown San Mateo
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Includes: Price & PSF · Cap rate · Location · Zoning

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