211 S. San Mateo Drive
San Mateo, CA 94401
Sq. Feet 5,457
$3,300,000
The Gustavson Group of Compass Commercial is pleased to bring to the market an exceptional opportunity to acquire a FULLY VACANT mixed-use building in Menlo Park.
Offered at $1,198,000 and situated on a 3,099 Square Foot Lot, 3253 Middlefield Road features a ground floor commercial space ideal for retail, office, or service use, plus a spacious 2-bedroom/1-bathroom apartment upstairs with its own separate entry. Both units are vacant, presenting immediate flexibility for an Owner-User, investor, or developer. With Neighborhood Mixed-Use zoning in unincorporated San Mateo County, the property allows for a variety of uses and potential future redevelopment.
The location benefits from strong visibility and frontage along Middlefield Road, with excellent access to nearby Menlo Park, Palo Alto, and Redwood City amenities, as well as major Peninsula transportation routes. This unique offering provides multiple strategies—occupy one unit and lease the other, reposition for income, or redevelop to maximize value. A rare chance to secure a well-located property in Menlo Park; one of the Bay Area’s most dynamic markets.
Cap Rate: N/A NOI: N/A Livable Sq. Ft:
Built in 1 Retail & 1 2Br/1Ba Apt units Lot Sq. Ft: 3,099