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Millbrae, CA Retail Properties & Spaces for Sale

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Millbrae Grocery Store Business Opportunity
Updated: Nov 21, 2025
Millbrae Grocery Store Business Opportunity

123 El Camino Real, Millbrae, CA 94030

$100,000
4,977 sqft
Established Asian grocery store business opportunity in downtown Millbrae.
Includes equipment and fixtures.
Comes with 3 vehicles for delivery services.
Features an existing online store.
Includes 2 small warehouses (approx. 100‑150 sq. ft. each).
View details
See what stands out in San Mateo County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Millbrae, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

Tudor Mixed-Use Building
Tudor Mixed-Use Building

311315 Primrose Road, Burlingame, CA 94010

$2,895,000
2,536 sqft 0.04 AC lot

Fully leased commercial property with two tenant suites, central air, and distinctive period architecture.

View details
Two-Tenant Tudor Mixed-Use Building
Two-Tenant Tudor Mixed-Use Building

311-315 Primrose Road, Burlingame, CA 94010

$2,895,000
2,536 sqft 0.04 AC lot

Fully leased property with retail-oriented space below and a law office occupying the upper floor.

View details
Retail Space for Sale
Retail Space for Sale

430 El Camino Real, San Bruno, CA 94066

Contact for pricing
1,052 sqft

Retail property offered for sale with approximately 1,052 sq. ft. of space.

View details
Retail Building with Grade-Level Loading
Retail Building with Grade-Level Loading

820 San Mateo Ave & 265 San Bruno Ave, San Bruno, CA 94066

Contact for pricing

General Commercial zoning and Transit Oriented Development use are identified for the site.

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.

Waterfront Commercial Land
Waterfront Commercial Land

2075 S Norfolk Street, San Mateo, CA 94403

$7,500,000
9,150 sqft 1.25 AC lot

Undeveloped waterfront land with potential for interim leasing or future development in San Mateo County.

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Land For Sale Alameda
Land For Sale Alameda

1217 Lincoln Avenue, Alameda, CA 94501

$450,000
4,700 sqft

Land available for sale in Alameda, California.

View details
San Leandro Industrial Land Available
San Leandro Industrial Land Available

635 Marina Blvd, San Leandro, CA 94577

$6,795,360
2.40 AC lot

2.4 acres of industrial land with utilities and heavy power.

View details
Oakland Commercial Land For Sale
Oakland Commercial Land For Sale

8201 Macarthur Blvd, Oakland, CA 94605

$995,000
0.11 AC lot

Commercial land available in Oakland, California.

View details

Off-Market Properties in Millbrae, CA

Consider similar Off-Market properties in Millbrae, 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.

234 Broadway, Unit 236
RETAIL STORES (PERSONAL SERVICES)

234 Broadway, Millbrae, CA 94030-2585

Unit 236
$260,000
Estimated value
0.06 AC lot
View details
95 Murchison Dr
GROCERY, SUPERMARKET

95 Murchison Dr, Millbrae, CA 94030

$11,045,000
Estimated value
51,795 sqft 3.08 AC lot
View details
135 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

135 El Camino Real, Millbrae, CA 94030-3122

$1,780,000
Estimated value
7,400 sqft 0.67 AC lot
View details
45 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

45 El Camino Real, Millbrae, CA 94030-3124

$2,910,000
Estimated value
14,093 sqft 0.71 AC lot
View details
1621 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

1621 El Camino Real, Millbrae, CA 94030-1214

$1,790,000
Estimated value
0.08 AC lot
View details
310 Broadway
RETAIL STORES (PERSONAL SERVICES)

310 Broadway, Millbrae, CA 94030-2510

$265,000
Estimated value
0.06 AC lot
View details
243 Broadway
RETAIL STORES (PERSONAL SERVICES)

243 Broadway, Millbrae, CA 94030-2507

$280,000
Estimated value
0.06 AC lot
View details
255 Broadway
RETAIL STORES (PERSONAL SERVICES)

255 Broadway, Millbrae, CA 94030-2507

$1,350,000
Estimated value
0.11 AC lot
View details
235 Broadway
RESTAURANT

235 Broadway, Millbrae, CA 94030-2507

$425,000
Estimated value
4,280 sqft 0.11 AC lot
View details
239 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

239 El Camino Real, Millbrae, CA 94030

$310,000
Estimated value
0.12 AC lot
View details
317 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

317 El Camino Real, Millbrae, CA 94030-2609

$2,000,000
Estimated value
0.07 AC lot
View details
451 Broadway
RETAIL STORES (PERSONAL SERVICES)

451 Broadway, Millbrae, CA 94030-1905

$330,000
Estimated value
0.17 AC lot
View details
334 Broadway
RETAIL STORES (PERSONAL SERVICES)

334 Broadway, Millbrae, CA 94030-2510

$305,000
Estimated value
0.11 AC lot
View details
311 Broadway
RETAIL STORES (PERSONAL SERVICES)

311 Broadway, Millbrae, CA 94030-2509

$290,000
Estimated value
0.06 AC lot
View details
209 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

209 El Camino Real, Millbrae, CA 94030-2607

$310,000
Estimated value
0.06 AC lot
View details
959 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

959 El Camino Real, Millbrae, CA 94030-2011

$19,575,000
Estimated value
28,284 sqft 1.81 AC lot
View details
1711 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

1711 El Camino Real, Millbrae, CA 94030-1215

$2,085,000
Estimated value
9,100 sqft 0.29 AC lot
View details
400 Skyline Blvd
SERVICE STATION (FULL SERVICE)

400 Skyline Blvd, Millbrae, CA 94030-2128

$355,000
Estimated value
0.39 AC lot
View details
105 La Cruz Ave
RETAIL STORES (PERSONAL SERVICES)

105 La Cruz Ave, Millbrae, CA 94030-2520

$10,090,000
Estimated value
0.23 AC lot
View details
1781 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

1781 El Camino Real, Millbrae, CA 94030-1215

$2,740,000
Estimated value
0.17 AC lot
View details
201 Broadway
RETAIL STORES (PERSONAL SERVICES)

201 Broadway, Millbrae, CA 94030-2507

$395,000
Estimated value
0.13 AC lot
View details
501 El Camino Real
SERVICE STATION (FULL SERVICE)

501 El Camino Real, Millbrae, CA 94030-2030

$350,000
Estimated value
0.31 AC lot
View details
101 El Camino Real
RETAIL STORES (PERSONAL SERVICES)

101 El Camino Real, Millbrae, CA 94030-2605

$1,275,000
Estimated value
3,746 sqft 0.08 AC lot
View details

Millbrae, CA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Millbrae, CA on our real estate platform. These investment opportunities span a total of 4,977 square feet of properties for sale, with an estimated market value of $100,000.

Sale prices for stores in Millbrae, CA average $100,000 — 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

Banks 2
Grocery and convenience stores 1
Shopping centers 1
Storefront properties 1

Demographics Overview

Population 23K
Population Growth (5Y) -0.5%
Median Household Income $157,567
College Educated 71.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
94030 $100K

Taxes & Financing

Tax Rate (average for all types) 1.41%
Property Tax per SF $7.25 per SF
Tax Rate vs County Average 0.24 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

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