Premium Restaurant Opportunity – San Mateo
Business Description
A prime restaurant property is available for immediate acquisition in the heart of Downtown San Mateo. This expansive venue offers a strategic platform for operators seeking to establish or expand a high-volume dining concept in one of the Peninsula's most vibrant commercial districts.
Ideally positioned in a high-traffic, prime downtown location, the restaurant is just steps from the Caltrain Station, a popular movie theater, and surrounded by San Mateo's thriving collection of restaurants, cafés, retail shops, and entertainment venues. The area enjoys strong pedestrian activity throughout the day and evening, making it an exceptional destination for restaurant operators.
PROPERTY SPECIFICATIONS
Size: 4,852 sq. ft. + additional basement space available for lease
Rent: $19,600 per month + NNN ($12,000) all inclusive (property tax, property insurance, water, trash, CAM)
Lease Term: 3 years remaining
Option Term: Subject to landlord approval
Kitchen Infrastructure: Full commercial kitchen with Type 1 hood
Alcohol License: Type 41 Beer & Wine License
Refrigeration: Walk‑in cooler and walk‑in freezer
STRATEGIC VALUE PROPOSITION
This property is ideally suited for restaurateurs aiming to capitalize on San Mateo’s vibrant dining scene. The extensive kitchen infrastructure supports diverse menu offerings, while the spacious layout and additional basement provide flexibility for storage or expansion. Positioned in a bustling corridor, the location benefits from strong visibility and consistent foot traffic.
INVESTMENT PARAMETERS
Asking Price: $180,000
Lease Security: Long‑term lease with landlord‑approved extension option
Operational Advantage: Turnkey infrastructure with significant capital improvements already in place
DUE DILIGENCE REQUIREMENTS
Qualified purchasers must demonstrate financial capacity, operational readiness, and a clear concept plan. This opportunity is best suited for experienced operators seeking to establish a premium restaurant presence in San Mateo. (Pictures depicted in the advertisement may not be the exact type of business concept for sale, it is solely for reference purposes.)
Ideally positioned in a high-traffic, prime downtown location, the restaurant is just steps from the Caltrain Station, a popular movie theater, and surrounded by San Mateo's thriving collection of restaurants, cafés, retail shops, and entertainment venues. The area enjoys strong pedestrian activity throughout the day and evening, making it an exceptional destination for restaurant operators.
PROPERTY SPECIFICATIONS
Size: 4,852 sq. ft. + additional basement space available for lease
Rent: $19,600 per month + NNN ($12,000) all inclusive (property tax, property insurance, water, trash, CAM)
Lease Term: 3 years remaining
Option Term: Subject to landlord approval
Kitchen Infrastructure: Full commercial kitchen with Type 1 hood
Alcohol License: Type 41 Beer & Wine License
Refrigeration: Walk‑in cooler and walk‑in freezer
STRATEGIC VALUE PROPOSITION
This property is ideally suited for restaurateurs aiming to capitalize on San Mateo’s vibrant dining scene. The extensive kitchen infrastructure supports diverse menu offerings, while the spacious layout and additional basement provide flexibility for storage or expansion. Positioned in a bustling corridor, the location benefits from strong visibility and consistent foot traffic.
INVESTMENT PARAMETERS
Asking Price: $180,000
Lease Security: Long‑term lease with landlord‑approved extension option
Operational Advantage: Turnkey infrastructure with significant capital improvements already in place
DUE DILIGENCE REQUIREMENTS
Qualified purchasers must demonstrate financial capacity, operational readiness, and a clear concept plan. This opportunity is best suited for experienced operators seeking to establish a premium restaurant presence in San Mateo. (Pictures depicted in the advertisement may not be the exact type of business concept for sale, it is solely for reference purposes.)
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,852
- Rent
- $19,600 per month
Listing Info
- ID
- 2532437
- Listing Views
Listing ID: 2532437 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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