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Mixed-Use Retail and Office Building
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65-71 E 3rd Ave, San Mateo, CA 94401

A 100% leased retail property with second-floor office space, offered in a transit-oriented San Mateo location.

Property Size10,672 SF
Price / SF$927.66
Days on Market137

Property Features for 65-71 E 3rd Ave

General Information

Standard status Active
Size 10,672 SF
Property subtype RETAIL
Zoning CBD
Occupancy 100%

Additional Details

Highway Access Yes
Listing Agency: SVN | Capital West Partners
Listed By: Robin Santiago, SIOR, CCIM · License #01754421
Source: Moodyscre
Added: Apr 30 Changed: Sep 2 Last Checked: Sep 12 at 10:40AM

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 SVN | Capital West Partners

Investment Insights

Based on property information with market context.

This mixed-use retail and office property is 100% leased, designed for stable in-place cash flow with minimal landlord responsibilities. In addition to ground-floor retail, the building includes second-floor office space, offering potential for near-term owner or tenant occupancy depending on how space is re-leased over time.

The asset is positioned along a highly trafficked retail corridor in San Mateo and benefits from a transit-oriented setting, with walking distance to Caltrain and convenient access to Highway 101 and 92. The offering is described as a strong tenant mix featuring established retail operators alongside a venture-backed office tenant.

The property is associated with a historic and iconic identity as the former 1st headquarters of YouTube. Mixed-use zoning is noted as CBD zoning, which the remarks indicate supports a variety of retail, office, and residential uses.

Key Highlights

  • 100% leased investment with stable in‑place occupancy and minimal landlord responsibilities
  • Second‑floor office space provides future owner‑user flexibility for near‑term occupancy
  • Transit‑oriented San Mateo location within walking distance to Caltrain

Property Analytics

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Current Use

Storefront properties

Suggested Use

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

Lease Details

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,864
Businesses Nearby
Under-served
Demand for This Use

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
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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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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 - A 100% leased retail property with second-floor office space, offered in a transit-oriented San Mateo location.
Where is this storefront property located?
The property is located at 65-71 E 3rd Ave San Mateo, CA.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: 100% leased investment with stable in‑place occupancy and minimal landlord responsibilities; Second‑floor office space provides future owner‑user flexibility for near‑term occupancy; Transit‑oriented San Mateo location within walking distance to Caltrain
(408) 803-5003 Call to check price and availability
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