San Mateo, CA Commercial Real Estate for Lease and Sale

Explore 112 listings of San Mateo commercial real estate to find the best space for your business.

500-502-506 2nd Avenue

506 2nd Avenue San Mateo, North Central San Mateo, San Mateo, CA
Property

Office

5,000 SF
For Sale

$3,400,000
View Details (opens in new window)
54 E 39th Ave

54 E 39th Ave, The Village, San Mateo, CA
Property

Multi-Family

3,943 SF
Year Built

1952
For Sale Contact for pricing
View Details (opens in new window)
24 East Fourth Avenue

24 East Fourth Avenue, Hayward Park, San Mateo, CA
Property

Retail

4,200 SF
Availability

1 Space

4,200 SF
For Lease Contact for pricing
View Details (opens in new window)
330 Hatch Dr

330 Hatch Dr, Foster City, San Mateo, CA
Property

Industrial

17,875 SF
Year Built

1973
For Sale Contact for pricing
View Details (opens in new window)
Bay Meadows Station 7

2975 S Delaware Street, Bay Meadows, San Mateo, CA
Property

Office

120,000 SF
Availability

1 Space

120,000 SF
For Lease Contact for pricing
View Details (opens in new window)
1200 Dore Ave

1200 Dore Ave, Shoreview, San Mateo, CA
Property

Retail

6,335 SF
Availability

1 Space

1,598 SF
For Lease Contact for pricing
View Details (opens in new window)
2555 Flores Street

2555 Flores Street, Beresford Manor, San Mateo, CA
Property

Office

26,000 SF
For Sale

$7,995,000
View Details (opens in new window)
Parallel on Claremont

435 East 3rd Avenue, North Central San Mateo, San Mateo, CA
Property

Office

39,893 SF
Availability

4 Spaces

38,812 SF
For Lease Contact for pricing
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The San Mateo commercial real estate market incorporates 7,457,397 square feet of office space across 73 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In San Mateo, the coworking segment of the commercial real estate market incorporates about 1,001 square feet.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The San Mateo commercial real estate market includes 628,208 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the San Mateo market, there is a total of 49,421 square feet of industrial property.
The listing inventory in San Mateo incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in San Mateo is represented by Office space, which accounts for 2,767,939 square feet of available listings. Industrial space available in San Mateo adds up to 151,500 square feet.

Meanwhile, most of the listings of commercial property for sale in San Mateo are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in San Mateo is $51.49 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in San Mateo can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in San Mateo, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in San Mateo is in the Sunnybrae neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Sunnybrae area.

Meanwhile, retail space opportunities are most abundant in the North Central San Mateo submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Fiesta Gardens.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $63 per square foot. In particular, the property type commanding the highest lease rates in San Mateo was Office space.
The average size of a commercial property in San Mateo depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In San Mateo, the average size of an office property is 105,034 square feet.
- Retail properties here incorporate an average of 36,954 square feet.
- Industrial space in San Mateo is in buildings that are, on average 16,474 square feet in size.

San Mateo, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in San Mateo currently add up to 2,787,999 square feet. The market offers 72 active office listing(s), which amount to 2,483,057 square feet and account for 77% of commercial spaces on the market. Local retail availability includes 153,442 square feet across 18 retail space(s). Industrial space for rent opportunities in San Mateo amount to 151,500 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	72	2,483,057
Retail	18	153,442
Industrial	2	151,500

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in San Mateo, CA. Currently, there is 140,794 square feet of commercial property for sale here , which includes 3 office building(s) for sale , 1 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	3	49,770
Retail	1	18,068
Industrial	2	27,758
Other	5	45,198

San Mateo, CA Commercial Real Estate Market Overview

San Mateo, Calif., is located in the heart of the Bay Area, about halfway between San Francisco and San Jose, making it the perfect choice for those who seek easy access to both cities. Moreover, San Mateo is also considered one of the most developed suburban San Francisco commercial real estate submarkets.

The city accommodates a variety of industries, with jobs in tech, healthcare, financial systems, government and retail. The three largest employers in San Mateo are the County of San Mateo Medical Center, the San Mateo-Foster City Unified School District and Sony Interactive Entertainment. Companies headquartered here include Franklin Templeton Investments, Roblox, Fisher Investments, SolarCity and GoPro.

San Mateo Commercial Real Estate Overview

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

San Mateo, CA Commercial Real Estate for Lease and Sale

500-502-506 2nd Avenue

54 E 39th Ave

24 East Fourth Avenue

330 Hatch Dr

Bay Meadows Station 7

1200 Dore Ave

2555 Flores Street

Parallel on Claremont

Frequently Asked Questions

San Mateo, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

San Mateo, CA Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

San Mateo, CA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in San Mateo, CA?

What factors affect the price of commercial real estate in San Mateo, CA?

What is the average rent for commercial space in San Mateo, CA?

What are the best areas for commercial real estate in San Mateo, CA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in San Mateo, CA?

San Mateo, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

San Mateo, CA Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us