Investors Dream or End Users Opportunity in Prime San Mateo! Welcome to 335 N Delaware Street a rare, shovel-ready blank canvas brimming with potential in one of San Mateos 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. Zoned 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 youre looking to expand, rebuild, or reimagine. The existing home is functional and ready for renovation, with a deep lot that offers endless backyard possibilities ADU? Garden oasis? 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 moment. Open Saturday & Sunday, 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.