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2700 S El Camino Real Real, San Mateo, CA 94403
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$35,000,000
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Home Details for 2700 S El Camino Real Real
Price
$35,000,000
Type
Multi Family
Year Build
2013
Sq. Ft.
13500
Lot Size
0.38
County
San Mateo
MLS®️ Listing#
ML82011025
On exitrealty.com
120 days
Property Description
Current Entitlement: Introducing a compelling development opportunity at 2700 El Camino Real, offering a vibrant mixed-use project situated for success. The project envisions the transformation of two used car dealership lots and an empty lot into a dynamic space featuring: * 13,500 square feet of ground-floor commercial space: This prime retail area caters to the needs of the surrounding community and leverages the high foot traffic along El Camino Real. * 68 residential condominiums * Three floors of below-grade parking * Proximity to CA-92: Easy access to the highway facilitates convenient commutes and regional connectivity. * Across the street from the future Caltrain station (at 28th) * Surrounded by vibrant shopping and schools Potential in modification to the entitlement: * Increasing in density to156 residential condominiums * 13,900 square feet of ground-floor commercial space * Two or Three floors of below-grade parking. After construction, estimated value will be over $100m. Subject to City of San Mateo's approval
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Listing Courtesy: AGH Management. Presented by: Virginia Lam

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EXIT REALTY CONSULTANTS
3425 Coffee Road. Ste 1, Modesto, CA 95355
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$35,000,000
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EXIT REALTY CONSULTANTS
3425 Coffee Road. Ste 1, Modesto, CA 95355
CA DRE# 01520140. Kris Klair Broker.