Exceptional investment opportunity in San Mateo featuring a spacious 0.52-acre lot with ample on-site parking and outstanding potential for redevelopment. 1021 S El Camino Real is a highly visible, multi-tenant commercial property positioned on a prime corner along one of San Mateos main commercial corridors. The property offers 32 open parking spaces and includes two separate buildings: Building A, a 6,172 SF two-story structure with an upper-level tenant in place and a vacant ground floor ideal for office, medical, educational, or service-oriented uses; and Building B, a 1,600 SF freestanding building leased to a long-term commercial tenant, allowing the property to generate stable income. This rare offering combines strong street frontage, flexible use potential, and an unbeatable central location just minutes from Downtown San Mateo, major transportation routes, retail amenities, and the areas thriving business district. With its generous lot size, high visibility, and income-producing components, the property presents an exceptional opportunity for investors, owner-users, or developers seeking to capitalize on one of the Peninsulas most desirable and dynamic commercial environments.
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Listing Snapshot
Price
$4,880,000
Days On Site
115 Days
Bedrooms
N/A
Inside Area (SqFt)
7,772 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.516 Acres
Year Built
1970
MLS® Number
ML82027819
Status
Active Under Contract
Property Tax
$55,918
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 hours ago
Listing updated with changes from the MLS®
10 hours ago
Status changed to Active Under Contract
4 months ago
Listing first seen on site
General Features
Acres
0.516
Additional Property Use
CommercialVacant
Building Features
Front SignKitchenManager's OfficeOfficeRestroom(s)Signage
Listed by of Stanley Lo of Green Banker Realty (650) 373-0007
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Last checked: 2026-03-13 10:21 AM UTC
Neighborhood & Commute
Source: Walkscore
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