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    San Mateo, CA
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    San Mateo, CA Storefront Properties for Sale

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    Retail Buildings in Downtown San Mateo
    Updated: Sep 11, 2025
    Retail Buildings in Downtown San Mateo

    233-235 Baldwin Avenue, San Mateo, CA

    $2,888,000
    5,486 sqft 0.18 AC lot
    Prime downtown San Mateo location near dining, shopping, and Caltrain.
    Rare opportunity in a highly desirable Bay Area downtown market.
    Two freestanding retail buildings with flexible layouts.
    Strong surrounding demographics and growing residential base.
    Potential for mid‑scale redevelopment.
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    This listing looks promising.

    Here's a quick look at some key insights for

    233-235 Baldwin Avenue, San Mateo, CA

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $140K
      Annual

    • Price @ 7% Cap

      $2M
      Suggested
    View Property Analytics
    Two-Unit Retail Building with Mezzanine
    Updated: Jul 1
    Two-Unit Retail Building with Mezzanine

    168-170 W 25th Ave, San Mateo, CA 94403

    $2,000,000
    2,837 sqft
    Retail property built in 1968 at 168‑170 W 25th Avenue in San Mateo
    Two ground‑floor retail units totaling approx. 2,415 SF, plus approx. 422 SF bonus mezzanine/upstairs space
    Unit 170 (Yweight Spa) will be delivered vacant for an owner‑user or new tenant
    Unit 170/neighbor income: PJ's Pizza remains in place and currently pays $3,000/month rent
    Four on‑site rear parking spaces
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    Downtown Retail Storefront
    Downtown Retail Storefront

    67 East Fourth Avenue, San Mateo, CA 94401

    $1,495,000
    817 sqft

    High-profile retail location near shopping and public transit in San Mateo.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

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

    726730 El Camino Real, Redwood City, CA 94063

    $1,250,000
    2,580 sqft

    Ground-floor retail storefront with separate second-floor office suite, offering flexibility for an owner-user or investor.

    View details
    Freestanding Retail on El Camino
    Freestanding Retail on El Camino

    280 El Camino Real, San Carlos, CA

    $4,500,000
    7,568 sqft 0.24 AC lot

    High-exposure retail property near downtown San Carlos and Caltrain.

    View details
    Beauty Salon Retail Storefront
    Beauty Salon Retail Storefront

    55 Fifth AVE, Redwood City, CA 94063

    $150,000
    0.41 AC lot

    Established beauty salon offering a new five-year lease with options in a high-traffic, highly visible Redwood City location.

    View details
    Commercial Building on El Camino Real
    Commercial Building on El Camino Real

    630-632 El Camino Real, San Carlos, CA 94070

    $975,000

    Two-unit commercial building near downtown San Carlos with parking.

    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.

    Healdsburg Avenue Commercial Land
    Healdsburg Avenue Commercial Land

    821 829 Healdsburg Avenue, Healdsburg, CA 95448

    $2,500,000
    3,240 sqft

    Commercial land available on Healdsburg Avenue.

    View details
    Commercial Lot in Clearlake
    Commercial Lot in Clearlake

    3385 Washington, Clearlake, CA 95422

    Contact for pricing

    Unimproved commercial lot with access to utilities in Clearlake.

    View details
    Commercial Zoning Land Parcel
    Commercial Zoning Land Parcel

    320 Armstrong Street, Lakeport, CA 95453

    $49,900
    0.12 AC lot

    Small commercial land parcel zoned C1 in Lakeport, suitable for permitted uses under local commercial zoning.

    View details
    Lakeport Land Near Downtown
    Lakeport Land Near Downtown

    220 4th Street, Lakeport, CA 95453

    $49,900
    0.15 AC lot

    Land for sale near downtown Lakeport with water and sewer.

    View details

    San Mateo, CA Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in San Mateo, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,140 square feet of properties for sale, with an estimated market value of $6,383,000.

    Sale prices for retail units in San Mateo, CA start at $1,495,000, averaging $2,127,666, and reaching up to $2,888,000 — 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

    Storefront properties 6
    Automotive properties 3
    Grocery and convenience stores 3
    Auto shops 2
    Shopping centers 1

    Demographics Overview

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

    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

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    Most Searched ZIP Codes in San Mateo, CA

    • 94401
    • 94403

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