SOLD 03/28/2024
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Commercial sold for $3,800,000 in 113 days
77 E 3rd Ave San Mateo, CA, 94401
Off the market Comm Ind For Sale
Welcome to 77-79 East Third Avenue-An Iconic Downtown San Mateo Two-Unit Commercial Building. First time offered in over 50 years. This is a rare and unique architectural jewel-representing a part of San Mateo's rich and storied Central Business District (CBD) history. This early 1930's Colonial Revival Building has many interesting storefront and building features. Current tenants include the well-established 3rd Avenue Sports Bar, a local fixture in our community for over 30 years. Noodles & Things is a thriving Hong Kong inspired soup and noodle house. Many quality interior and exterior improvements have been made over the years, including a seismic retrofit, roof, HVAC, kitchen, bar, and many other enhancements. This is a quality investment opportunity. Contact Listing Agent, Ken Constantino or your Real Estate Professional for more details.
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Property details
3,915 sqft interior area
Land area
5,338 sqft (0.12 acres)
Address
77 E 3rd Ave, San Mateo, CA, 94401
City of California
San Mateo
County
San Mateo
Year Built
1933
District
Listing
Virtual Tour
Nearby major retailers
Costco
Verizon Wireless
Petco
GNC
Supercuts
Zumiez
Trader Joe's
GameStop
See's Candies
Apple Store
7-Eleven
Dollar Tree
AT&T
T-Mobile
Public Storage
Walgreens
The Home Depot
Ace Hardware
Marshalls
Safeway
NAPA Auto Parts
Pet Food Express
CVS Pharmacy
Macy's
Nordstrom
Jiffy Lube
Whole Foods Market
Ross
TJ Maxx
Wholesale: 1
Mobile phone: 7
Pet: 3
Nutrition supplements: 3
Hairdresser: 2
Clothes: 1
Supermarket: 9
Video games: 2
Confectionery: 1
Electronics: 2
Convenience: 4
Variety store: 1
Storage rental: 12
Chemist: 2
Do it yourself: 3
Department store: 5
Car repair: 2
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Interior Features
Hardwood, Other floors
Roof
Composition
Floor Covering
Hardwood, Other
Garage & Parking
Common
Listed by
Ken Constantino, Compass
Name
Ken Constantino
License number
00992653
Brokerage company
Compass
MLS #
ML81949316
Buyer agent
Name
Richard Chang
Brokerage company
ABC Commercial Realty
Payment calculator
Calculate your monthly payments
Mortgage
$11,667
Taxes
$0
HOA dues
$0
Mortgage
$760,000 / 20%
2.28%
30 years
Your amount
$11,667 / month
Lot details
TMK #034142100
Parcel nr.
034142100
94401 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94401
46%
Families with children
National average: 39%
34%
Non family households
184,163
Population
$179,597
Average Income
Age & gender
Median age 39 years
More info
Commute types
77% commute by car
More info
Education level
32% have bachelor education
More info
Number of employees
5% work in management
More info
Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$2.01m
Neighborhood average
sales price*
sales price*
$1.6m
Neighborhood median
sales price*
sales price*
370
Number
of sales*
of sales*
Housing type
50% are single detacheds
More info
Rooms
32% of the houses have 4 or 5 rooms
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Bedrooms
53% have 2 or 3 bedrooms
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Owners vs Renters
57% are owners
More info
19.33 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 28, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 28, 2024 | Sold | $3,800,000 | 0 | Public Record |
| Mar 28, 2024 | Price Decrease | $3,800,000 -8.43% | 0 | MLS #ML81949316 |
| Mar 14, 2024 | Pending | $4,150,000 | 0 | MLS #ML81949316 |
| Feb 2, 2024 | Price Decrease | $4,150,000 -7.78% | 0 | MLS #ML81949316 |
| Dec 7, 2023 | New Listing | $4,500,000 | 0 | MLS #ML81949316 |
Taxes of 77 E 3rd Ave, San Mateo, CA, 94401
CB00 zoning / MLS #ML81949316
Zoning
CB00
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Frequently Asked Questions about 77 E 3rd Ave
What is 77 E 3rd Ave?
77 E 3rd Ave is a Commercial/Industrial propertywith 3,915 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
77 E 3rd Ave, San Mateo, CA, 94401.
What comparable properties are nearby?
Comparable nearby commercial properties include 1 Hayward Ave, 1022 E 4th Ave, 3223 Glendora Dr, 12 Lorton Ave, 33 Highland Ave, 1405 Bellevue.
Based on information from the bridgeMLS as of 05-02-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 30, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Suruki Super Market, 0.07 miles away and Dean's Produce, 0.1 miles away.
The 94401 zip area has a population of 184,163, and 46% of the families have children. The median age is 39.6 years and 77% commute by car. The most popular housing type is "single detached" and 57% is owner.
