San Mateo, CA Commercial Real Estate for Lease and Sale
Explore 110 listing(s) of commercial real estate in San Mateo, CA to find the best space for your business.
Here is a rundown of the primary commercial real estate property types currently available in San Mateo:
The average rent for commercial real estate in San Mateo is $47.96 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in San Mateo costs $35.4, while the city’s premium locations ask up to $66.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
The best area for commercial real estate in San Mateo will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Sunnybrae, home to no fewer than 52 listings for space of all types. If you're looking for office space, Sunnybrae has the highest concentration of office listings at 52.
Meanwhile, North Central San Mateo has the highest number of industrial availabilities (3), while Hayward Park boasts the largest number of retail listings in the city (7).
CommercialCafe’s CRE offering in San Mateo is enabled by a network of 90 active brokers from 36 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
Asking rents in the city can be as high as $66 per square foot. In particular, the property type commanding the highest lease rates in San Mateo is Office space.
The average size of a commercial property here stands at 6,800. However, different asset classes and zoning laws will result in vastly different property sizes.
Here is a breakdown of the average size of different commercial asset classes in San Mateo:
Office properties:
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 57 | 2,253,047 |
| Retail | 22 | 134,380 |
| Industrial | 3 | 22,356 |
| Other | 2 | 6,800 |
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 5 | 20,946 |
| Retail | 2 | 30,672 |
| Industrial | 5 | 18,498 |
| Other | 4 | 13,577 |
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.
