Description
Investors Dream | End Users Opportunity | Prime San Mateo | Offers Due Thursday @ 3 PM 335 N Delaware Street; a rare, blank canvas brimming with potential in one of San Mateo's most desirable locations. Nestled just blocks from bustling Downtown San Mateo, Caltrain, Central Park, and top-rated eateries, this property is perfect for builders, flippers, or future homeowners looking to customize their dream home. Jackpot Zoning RM, the lot allows for up to 50% lot coverage, which means you could potentially build up to 2,683 sq ft of living space (verify with city). With construction costs averaging ~$500/sq ft, the equity upside here is substantial whether you're looking to expand, rebuild, or remodel. The existing home is functional and ready for cosmetic touch-ups, with a deep lot that offers endless yard possibilities, ADU? Garden? You decide. Whether you're an investor seeking returns or a savvy buyer aiming to break into the San Mateo market with vision and value, this is your one, good opportunity. Open this week, come explore the possibilities! This area of San Mateo is highly walkable and community-centric, with easy access to local parks, top schools, and the vibrant downtown corridor. Its city-living with a small-town feel, right in the heart of the Peninsula.
