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Live-Work Building with Roof Decks
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500 E 3rd Ave, San Mateo, CA 94401

Five-floor office space with exterior roof decks, 2 levels of underground parking, and 111 residential units with separate entrance.

Space SizeContact for details
Property Size63,616 SF
Days on Market55

Property Features for 500 E 3rd Ave

General Information

Standard status Active
Size 63,616 SF
Net Rentable 198,572 SF
Property subtype OFFICE

Additional Details

Space Use Office
Public Transit Yes

Amenities

Large Exterior Roof Decks
Office Amenity Areas on 4th & 5th Floors
EBC with Covered Exterior Roof Deck
Listing Agency: CBRE | San Francisco
Listed By: Robert McSweeney · License #00934240
Source: Moodyscre
Added: Jun 10 Changed: Jul 31 Last Checked: Aug 3 at 10:52AM

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

Investment Insights

Based on property information with market context.

This live-work building combines office space and residential use in one structure. The property offers office space on 5 floors totaling 198,572 RSF, with large exterior roof decks and office amenity areas on the 4th and 5th floors. Interior clear heights reach 13'8", and the building includes 2 levels of underground parking.

The building is described as being 3 short blocks from Caltrain and includes an exterior roof deck with covered exterior roof deck elements. The office portion features an EBC with covered exterior roof deck.

The residential component totals 111 units, served with a separate entrance, providing a clear separation between the office and residential entries within the property.

Key Highlights

  • 198,572 RSF of office space on 5 floors
  • 13'8" clear heights
  • Large exterior roof decks with covered exterior roof deck

Property Analytics

Current Use

Edi's Quesabirrias & Tacos Restaurant

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Barber Shop Storage Facility Florist (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,504
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Five-floor office space with exterior roof decks, 2 levels of underground parking, and 111 residential units with separate entrance.
Where is this live-work space located?
The property is located at 500 E 3rd Ave San Mateo, CA.
What are key features of this property?
This property features: 198,572 RSF of office space on 5 floors; 13'8" clear heights; Large exterior roof decks with covered exterior roof deck
(650) 759-0202 Call to check price and availability
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