San Mateo, CA Medical Office Space for sale

Updated: Jun 19, 2025

New Medical/Dental Condo For Sale

420 Peninsula Avenue #3, San Mateo, CA 94401

$1,499,000

4,000 sqft

Prime location on the San Mateo/Burlingame border in a high‑traffic area.
Turnkey medical/dental condo ready for immediate occupancy.
Three fully plumbed operatories ready for equipment installation.
Newly constructed in 2019 with high‑quality materials and finishes.
ADA‑compliant access and wheelchair lift.

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This listing looks promising.

Here's a quick look at some key insights for

420 Peninsula Avenue #3, SAN MATEO, CA 94401

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$78K
Annual
Mortgage

$800K
Sep 2017
Last Sold

Apr 2004
$1.2M

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Updated: Nov 8, 2025

Medical/Dental Condo Suite

420 Peninsula Avenue 2, San Mateo, CA 94401

$3,000,000

Newly built medical/dental condo (Year built: 2024) on the San Mateo–Burlingame border
Layout includes a waiting room, front desk area, and three operatories
Operatories are plumbed; buyer provides the equipment
ADA‑ready features include ADA access, ADA restroom, and a wheelchair accessible lift
This unit is one of two condos for sale in the building; Unit #3 (ML82004722) is sold along with this unit

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in San Mateo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Medical/Service Building

5601 Mission Street, San Francisco, CA 94112

$899,900

1,950 sqft

Vacant freestanding building on a high-visibility corner at 5601 Mission Street, delivered for immediate occupancy.

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Office Building with Ramp Access

370 E 14Th St, San Leandro, CA 94577

$495,000

1,401 sqft

Vacant downtown office building with reception, offices, kitchenette, parking, and rear wheelchair ramp access.

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Mixed-Use Retail Office Building

San Francisco, CA 94132

Contact for pricing

12,194 sqft

Mixed-use building with three suites, including a renovated restaurant and dental and vacant office space.

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Leased Medical Building Near Hospital

13939 E 14th St, San Leandro, CA

Contact for pricing

15,152 sqft 1.14 AC lot

Fully leased medical building anchored by DaVita and Concentra.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Commercial Development Lot

704 N Fresno Street, Fresno, CA 93701

$199,900

0.34 AC lot

Vacant commercial lot near Fresno Community Regional Medical Center and Hwy 41/Tulare Ave exit.

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Prime Commercial Parcel on Centerville

1349 Centerville Lane, Gardnerville, NV 89410

$1,300,000

99,316 sqft 2.28 AC lot

Highly visible 2.28-acre commercial parcel near Highway 395.

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Visalia Commercial Land Opportunity

4242 West Mineral King Avenue, Visalia, CA 93291

$269,500

18,152 sqft 0.42 AC lot

Unimproved parcel for custom headquarters in Visalia's professional hub.

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Visalia Land Parcel Opportunity

4232 West Mineral King Avenue, Visalia, CA 93291

$239,500

15,581 sqft 0.36 AC lot

Unimproved land parcel for custom professional headquarters in Visalia, CA.

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San Mateo, CA Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in San Mateo, CA on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $4,499,000.

Sale prices for medical spaces in San Mateo, CA start at $1,499,000, averaging $2,249,500, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
94401	$2.5M

Neighborhood

Average Price

94401

$2.5M

San Mateo, CA Medical Office Space for Sale

420 Peninsula Avenue #3, San Mateo, CA 94401

420 Peninsula Avenue 2, San Mateo, CA 94401