Conventional Restaurant
168 W 25th Avenue San Mateo, CA 94403
168 W 25th Avenue, San Mateo, CA, 94403
$2,000,000
For Sale
$2,000,000
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 Market13
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
(415) 625-2189
Listed by
Philip Batlin · License #01873218
(415) 625-2189
Source
Evrealestate
Added: Jul 9 Updated: Jul 21 at 2:41AM Checked: Jul 21 at 4:57AM
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.
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
Local 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
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
PJ's Pizza Co.
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Daiki Sushi — 2075 S El Camino Real, San Mateo, CA 94403
FAQs
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