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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
    Corner Flex Office/Warehouse
    Updated: Jun 5
    Corner Flex Office/Warehouse

    101 E 25th Ave, San Mateo, CA 94403

    $2,800,000
    3,850 sqft 0.26 AC lot
    11,500 SF lot with a total of 3,850 SF renovated office and warehouse/storage space
    Includes detached unit with restroom, shower, and employee lockers
    Approximately 23 parking spaces with security gates
    Corner parcel located on 25th and Palm Ave
    Building signage available
    View details
    Versatile Building Near Caltrain
    Versatile Building Near Caltrain

    422-426 Peninsula Ave, San Mateo, CA 94401

    $1,999,999

    Adaptable building suitable for office, school, medical, or residential use.

    View details
    San Mateo Office Space Available
    San Mateo Office Space Available

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

    $9,900,000
    5,051 sqft 0.13 AC lot

    Second floor office space with elevator, conference room, and skylights.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    For-Sale Office Building
    For-Sale Office Building

    216 N San Mateo Drive, San Mateo, CA 94401

    $2,400,000

    Office building available for sale at 216 N San Mateo Drive, suited for owner-occupiers or office users.

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    Medical/Dental Condo Suite
    Medical/Dental Condo Suite

    420 Peninsula Avenue 2, San Mateo, CA 94401

    $3,000,000

    Newly built medical/dental condo includes a waiting room, front desk area, and three operatories with ADA restroom and lift access.

    View details
    San Mateo Office Building Investment
    San Mateo Office Building Investment

    630 N San Mateo Dr, San Mateo, CA

    $12,750,000
    17,398 sqft 0.60 AC lot

    Fully leased San Mateo office building with long-term tenant.

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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.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in San Mateo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, 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.

    Warehouse with Office
    Warehouse with Office

    330 Hatch Drive, Foster City, CA 94404

    $7,850,000
    17,875 sqft

    Warehouse with grade-level loading and integrated office space, supported by 19’ clear height and multiple power disconnects.

    View details
    Move-In Ready Office Space
    Move-In Ready Office Space

    851 Burlway Rd, Burlingame, CA

    Contact for pricing
    2,858 sqft 1.87 AC lot

    Office suites available near SFO with Bay and City views.

    View details
    Two-Story Office and Warehouse Campus
    Two-Story Office and Warehouse Campus

    831-839 Mitten Rd, Burlingame, CA 94010

    Contact for pricing
    540 sqft

    Two-story campus combines office space with a standalone warehouse, plus EV charging and abundant natural light.

    View details
    Medical Building with Development Potential
    Medical Building with Development Potential

    1261 E Hillsdale Blvd, Foster City, CA

    $6,950,000
    12,760 sqft 0.99 AC lot

    Single-story medical building on a prime one-acre lot.

    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.

    Prime Corner Lot in Burlingame
    Prime Corner Lot in Burlingame

    Hillsborough, CA 94010

    $11,500,000
    11,000 sqft 0.65 AC lot

    Iconic building site with development potential near downtown.

    View details
    El Sobrante Land Opportunity
    El Sobrante Land Opportunity

    425 Appian Way, El Sobrante, CA 94803

    $1,350,000
    10,000 sqft

    Commercial land available off San Pablo Dam Road.

    View details
    Commercial Parcel in Livermore Hub
    Commercial Parcel in Livermore Hub

    2901 Las Positas Road, Livermore, CA 94551

    $1,900,000
    0.93 AC lot

    Prime commercial land in established retail and service hub.

    View details
    Corner Lot Near Downtown
    Corner Lot Near Downtown

    310 310 Central Ave, Pittsburg, CA 94565

    $1,650,000

    Commercial land near downtown and E-Bart Station.

    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

    $22,730,000
    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
    Value Estimation by Request
    0.04 AC lot
    View details
    2070 Pioneer Ct
    OFFICE BUILDING (MULTI-STORY)

    2070 Pioneer Ct, San Mateo, CA 94403-1720

    $1,085,000
    Estimated value
    0.30 AC lot
    View details
    1919 Ofarrell St
    PROFESSIONAL BUILDING

    1919 Ofarrell St, San Mateo, CA 94403-1384

    $2,850,000
    Estimated value
    3,798 sqft 0.69 AC lot
    View details
    477 9th Ave
    OFFICE BUILDING (MULTI-STORY)

    477 9th Ave, San Mateo, CA 94402-1888

    Value Estimation by Request
    1.61 AC lot
    View details
    2322 El Camino Real
    OFFICE BUILDING (MULTI-STORY)

    2322 El Camino Real, San Mateo, CA 94403-2214

    $695,000
    Estimated value
    3,666 sqft 0.17 AC lot
    View details
    3155 Clearview Way
    OFFICE BUILDING (MULTI-STORY)

    3155 Clearview Way, San Mateo, CA 94402-3711

    $20,725,000
    Estimated value
    65,977 sqft 4.69 AC lot
    View details
    3000 Clearview Way
    OFFICE BUILDING (MULTI-STORY)

    3000 Clearview Way, San Mateo, CA 94402-3710

    $34,755,000
    Estimated value
    110,876 sqft 17.16 AC lot
    View details
    2121 El Camino Real
    OFFICE BUILDING (MULTI-STORY)

    2121 El Camino Real, San Mateo, CA 94403-1855

    Value Estimation by Request
    208,550 sqft 3.15 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 9 active listings on our real estate platform. These investment opportunities span a total of 33,169 square feet of properties for sale, with an estimated market value of $28,944,000.

    Sale prices for office spaces in San Mateo, CA start at $1,499,000, averaging $5,788,800, and reaching up to $12,750,000 — 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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    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 58
    Office buildings 19
    Medical Office Space 6
    Creative space 3
    Coworking space 2

    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
    94401 $2.2M
    94403 $2.7M
    94402 $3.9M

    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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    Most Searched ZIP Codes in San Mateo, CA

    • 94401
    • 94403
    • 94402

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