Mixed-Use Property in Downtown
For Sale
$1,500,000
20 South Linden Avenue, South San Francisco, CA 94080
Mixed-use property in a thriving downtown location with high visibility.
Property Size3,455 SF
Lot Size7.65 Acres
Price / SF$434.15
Days on Market215
Property Features for 20 South Linden Avenue
General Information
Standard status
Active
Size
3,455 SF
Lot size
7.65 Acres
Property subtype
Industrial
Listing Agency:
CBRE | San Francisco
Listed By:
Karl Hansen · License #01351383
(415) 706-6734
Source:
Cbre
Added: Mar 26
Changed: Oct 26
Last Checked: Oct 24 at 1:09PM
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 CBRE | San Francisco
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Investment Insights
Based on property information with market context.
Located in Downtown South San Francisco, this mixed-use property at 20-24 Linden Ave offers an investment opportunity in a booming real estate market. The property features approximately 2760 square feet of customizable space with 4 separate entrances and 4 separate electric meters. The lot size is approximately 7,650 square feet and includes a large parking lot. The property benefits from a high-visibility corner location at the intersection of Linden Avenue and Village Way. The location has a WalkScore of 92 and is within walking distance of Grand Avenue and the surrounding downtown area, including boutiques, cafes, and restaurants. Public transportation is easily accessible, with BART and Caltrain stations nearby, providing convenient access to the Bay Area and San Francisco International Airport. South San Francisco is undergoing a transformation with new developments, including over 1000 residential units recently developed and another 800+ units recently completed, under construction, or anticipated to be under construction soon. The local economy is driven by biotech, technology, and healthcare industries, with over 250 biotech companies. The zoning is T3 Corridor Zoning District (T3C), intended for low- and medium-intensity mixed-use to support community-serving uses adjacent to established residential neighborhoods. The district supports active, walkable streets and a range of neighborhood and community services.
Key Highlights
- Prime investment opportunity in South San Francisco's booming real estate market.
- Large ±7,650 sq ft lot with a parking lot and a customizable ±2760 sq ft building.
- High‑visibility corner location on Linden Avenue and Village Way.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,609
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,232,180
$2.2M
Cap Rate 7%
$1,594,414
$1.6M
Cap Rate 9%
$1,240,100
$1.2M
Market Conditions
NOI Build-Up for 3,455 SF
Gross rent
$237.2K $68.64/SF
− Vacancy
−$58.6K −$16.95/SF
EGI
$178.6K $51.69/SF
− OpEx
−$67.0K −$19.38/SF
NOI
$111.6K $32.30/SF
Area
San Mateo County, CA
Vacancy
24.70%
Lease Rate
$68.64 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,232,180
Cap Rate 7%
$1,594,414
Cap Rate 9%
$1,240,100
Alternative Uses
Best Use
Mixed Use
$1.59M
$1.40M – $1.86M
NOI $111,609 @ 7.0% cap · market cap 7.44%
Second Best
Office B
$1.58M
$1.38M – $1.84M
NOI $110,657 @ 7.0% cap · market cap 7.38%
Theoretical Best
Warehouse
$2.74M
$2.40M – $3.20M
NOI $192,104 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,472
Businesses Nearby
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Business Placement
Demographics for 94080, CA
66,592
Population
23,364
Households
2.9
Avg Household Size
40
Median Age
40%
College-Educated
86%
High-School Grad
10.2 sq mi
ZIP Area
6,529
Density / Sq Mi
$135,966
Median Household Income
$61,138
Median Earnings
$2,840
Median Rent
$1,159,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in a thriving downtown location with high visibility.
Where is this mixed-use property located?
The property is located at 20 South Linden Avenue South San Francisco, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime investment opportunity in South San Francisco's booming real estate market.; Large ±7,650 sq ft lot with a parking lot and a customizable ±2760 sq ft building.; High‑visibility corner location on Linden Avenue and Village Way.
