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    New Medical/Dental Condo 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.
    View details

    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
    View Property Analytics
    Remodeled Mixed-Use Property
    Updated: Aug 10
    Remodeled Mixed-Use Property

    869 WOODSIDE WAY, San Mateo, CA 94401

    $1,648,000
    2,317 sqft 0.05 AC lot
    2,317‑square‑foot mixed‑use property on a 0.0509‑acre lot
    Commercial unit remodeled in 2023 with storefront frontage and large display windows
    Separate upper‑level residential unit with new kitchen and updated bathroom
    Enhanced commercial‑grade 220V electrical capacity and Title 24‑compliant lighting
    Integrated HVAC, new hot water heater, updated restroom, and laminate flooring
    View details
    Remodeled Mixed-Use Property
    Remodeled Mixed-Use Property

    869 Woodside Way, San Mateo, CA 94401

    $1,648,000
    2,317 sqft 0.05 AC lot

    Street-level commercial space with display windows, separate residential access, and rear alley parking.

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    Office Building with Private Offices
    Office Building with Private Offices

    422426 Peninsula Avenue, San Mateo, CA 94401

    $1,999,999
    3,456 sqft

    Professional layout includes reception, conference, break-room, restroom, and outdoor patio areas.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Two-Story Flex Space with Lease
    Two-Story Flex Space with Lease

    83 E 21st Ave, San Mateo, CA 94403

    Contact for pricing
    6,911 sqft

    Ground floor storage/shop includes a Comcast lease through 12-14-2029, with second-floor office and spa-style amenities.

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    Mixed-Use Retail and Office Building
    Mixed-Use Retail and Office Building

    65-71 E 3rd Ave, San Mateo, CA 94401

    Contact for pricing
    10,672 sqft

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

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    Freestanding Class A Office Building
    Freestanding Class A Office Building

    100 N El Camino Real, San Mateo, CA 94401

    Contact for pricing
    5,338 sqft

    Turn-key freestanding office building offering class A finishes in a single, 5,338-square-foot improvement.

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    Live-Work Mixed-Use Building with Two Car Garage
    Live-Work Mixed-Use Building with Two Car Garage

    871 Woodside Way, San Mateo, CA 94401

    Contact for pricing
    2,242 sqft

    Two-story wood-frame building with ground-floor office and a private residential unit above, plus two-car garage access.

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    San Mateo Office Building
    San Mateo Office Building

    1 Baywood Ave, San Mateo, CA 94402

    Contact for pricing
    10,960 sqft

    Office building with 10,960 square feet of space.

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    San Mateo Mixed-Use Investment
    San Mateo Mixed-Use Investment

    22 - 26 25th Avenue, San Mateo, CA 94403

    $1,995,000
    2,870 sqft

    Fully leased mixed-use building in high-traffic San Mateo location.

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    Office Building with 13,727 SF
    Office Building with 13,727 SF

    2301 Flores Street, San Mateo, CA 94403

    Contact for pricing
    13,727 sqft

    Office building offered for sale with 13,727 SF available.

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    Medical Dental Condo Unit
    Medical Dental Condo Unit

    420 Peninsula Avenue, Unit 2, San Mateo, CA 94401

    $3,000,000

    Newly renovated condo with waiting room, front desk, and three plumbed operatories plus ADA features.

    View details
    Medical Office Space with Wheelchair Lift
    Medical Office Space with Wheelchair Lift

    420 Peninsula Avenue, Unit 3, San Mateo, CA 94401

    $3,000,000

    Medical/dental condo with ADA access, wheelchair lift, private restroom, and three fully plumbed operatories.

    View details
    Downtown Office Space
    Downtown Office Space

    111 E 5th Ave, San Mateo, CA 94401

    Contact for pricing

    Office space in a downtown San Mateo setting with an existing lease in place.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 14 Active listings in San Mateo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 Off-Market properties to explore as potential leads, plus 1 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.

    Cold Shell Office Suite
    Cold Shell Office Suite

    101a-600 El Camino Real, Belmont, CA 94002

    $3,000,000
    3,057 sqft

    Cold shell office suite with dedicated parking and flexible space for professional or healthcare use in a mixed-use setting.

    View details
    Third-Floor Office Condo
    Third-Floor Office Condo

    304-345 Lorton Ave, Burlingame, CA 94010

    $925,000
    720 sqft

    Open workspace with a private balcony, kitchenette, and assigned underground parking.

    View details
    Built-Out Professional Office Condo
    Built-Out Professional Office Condo

    101c-600 El Camino Real, Belmont, CA 94002

    $2,500,000

    Move-in-ready office suite with nine private offices, a conference room, and dedicated parking in a mixed-use development.

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    Single-Story Mixed-Use Building
    Single-Story Mixed-Use Building

    140 Myrtle Rd, Burlingame, CA 94010

    Contact for pricing

    Single-story building offered for fee-simple purchase with MMU zoning in the Downtown Specific Plan Area.

    View details

    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.

    Entitled Mixed-Use Development Opportunity
    Entitled Mixed-Use Development Opportunity

    25A Orinda Way, Orinda, CA 94563

    Contact for pricing

    Permit-ready mixed-use development site in downtown Orinda.

    View details

    Off-Market Properties in San Mateo, CA

    Consider similar Off-Market properties in San Mateo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2 3rd Ave
    OFFICE BUILDING (MULTI-STORY)

    2 3rd Ave, San Mateo, CA 94401-4285

    $8,035,000
    Estimated value
    24,780 sqft 0.20 AC lot
    View details
    2015 Pioneer Ct
    OFFICE BUILDING (MULTI-STORY)

    2015 Pioneer Ct, San Mateo, CA 94403-1781

    $5,650,000
    Estimated value
    0.44 AC lot
    View details
    1 Baywood Ave
    PROFESSIONAL BUILDING

    1 Baywood Ave, San Mateo, CA 94402-1523

    $790,000
    Estimated value
    0.49 AC lot
    View details
    1840 Gtwy Dr
    OFFICE BUILDING (MULTI-STORY)

    1840 Gtwy Dr, San Mateo, CA 94404-4027

    $12,160,000
    Estimated value
    69,000 sqft 2.54 AC lot
    View details
    215 San Mateo Dr
    PROFESSIONAL BUILDING

    215 San Mateo Dr, San Mateo, CA 94401-2622

    Value Estimation by Request
    6,250 sqft 0.33 AC lot
    View details
    330 Claremont St
    OFFICE BUILDING (MULTI-STORY)

    330 Claremont St, San Mateo, CA 94401-3314

    $22,995,000
    Estimated value
    65,625 sqft 0.51 AC lot
    View details
    1700 El Camino Real
    OFFICE BUILDING (MULTI-STORY)

    1700 El Camino Real, San Mateo, CA 94402-3047

    $13,110,000
    Estimated value
    77,715 sqft 3.10 AC lot
    View details
    675 Mariners Is Blvd Ste, Unit 109
    PROFESSIONAL BUILDING

    675 Mariners Is Blvd Ste, San Mateo, CA 94404-1040

    Unit 109
    $240,000
    Estimated value
    0.04 AC lot
    View details
    2070 Pioneer Ct
    OFFICE BUILDING (MULTI-STORY)

    2070 Pioneer Ct, San Mateo, CA 94403-1720

    $1,070,000
    Estimated value
    0.30 AC lot
    View details
    1919 Ofarrell St
    PROFESSIONAL BUILDING

    1919 Ofarrell St, San Mateo, CA 94403-1384

    $2,250,000
    Estimated value
    3,798 sqft 0.69 AC lot
    View details

    San Mateo, CA Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in San Mateo, CA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 64,810 square feet of properties for sale, with an estimated market value of $14,789,999.

    Sale prices for office spaces in San Mateo, CA start at $1,499,000, averaging $2,112,857, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 90
    Office buildings 52
    Medical Office Space 12
    Coworking space 3
    Creative space 3

    Demographics Overview

    Population 141K
    Population Growth (5Y) -1.2%
    Median Household Income $165,615
    College Educated 74.2%

    High-Yield Neighborhoods for Investment

    Identify San Mateo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    94403 $2M
    94401 $2.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.30%
    Property Tax per SF $7.54 per SF
    Tax Rate vs County Average 0.17 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Mateo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Mateo County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in San Mateo fall within the 100,000+ square foot range.

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