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186 El Camino Real is located in the rapidly growing Millbrae Station Area Specific Plan and is a prime development site for a mixed-use building, with multiple residential units atop a large commercial space. Zoning allows 120 feet in height. This corner building of three levels, with a wide-frontage, is suitable for various business use. This property is a short walking distance to BART and light-rail stations and is near the freeway, bus-line, restaurants, and shops. Buyers and their agents must personally confirm all property attributes-square footage, permissible usage , and any restrictions-by consulting city authorities and industry professionals. Don't miss this rare opportunity. Thanks!

Highlights

  • Commercial Sale
  • Retail
  • Built in 1970
  • 0.155 Acre Lot
  • 239 days on Market

  • Year Built
    1970
  • Parking Features
    Private, Enclosed
  • Living Area
    6200.0

  • Acres
    0.155
  • Lot Features
    City Lot, Near Public Transit

  • Area
    Manor 1/2/Park Millb
  • County
    San Mateo
  • City
    Millbrae
  • Zip Code
    94030

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Frequently Asked Questions

How do I schedule a tour of 186 Camino Real?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 186 Camino Real.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 186 Camino Real?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,985,000. We can talk through recent upgrades, potential seller motivation, how this retail compares to others in Millbrae, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 186 Camino Real?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 186 Camino Real at around $16,987. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 186 Camino Real?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in San Mateo County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 186 Camino Real?

In most cases, yes. Whether 186 Camino Real is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Millbrae's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 186 Camino Real?

We can handle that for you. Our preferred local agent specializes in commercial sales in Millbrae and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $2,985,000 with 6,200 sqft of space—that comes out to approximately $481 per square foot.

How long has this property been on the market?

186 Camino Real was listed on March 18, 2026, which means it's been on the market for 239 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1970, making it approximately 56 years old.

What is the lot size of this property?

186 Camino Real sits on a 0.16-acre lot, which is 6,970 square feet.

Is 186 Camino Real still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, San Francisco Association of REALTORS MLS. All rights reserved.

Last Updated: November 12, 2026 at 09:53AM | Source: San Francisco Association of REALTORS MLS | MLS#: 426112229