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$4,800,000

Est. payment - /mo

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7,248 Sqft Lot

Price Dropped by $500K

717 Laurel ST San Carlos, CA 94070

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81992151

HOA Y/N No

Year Built 1951

Lot Size 7,248 Sqft

Property Description

717 Laurel Street is currently a single tenant building comprised of approximately 5,550 sf of ground floor retail space with +/-1,800 sf of additional mezzanine space. Value can be added by re-tenanting and possibly demising it down for multiple retail units. The building will also be available for an owner/user to occupy when the current tenant's lease expires in March 2026. San Carlos is undergoing tremendous development which will make the property a solid long term investment. The City has permanently closed this section of the street to vehicular traffic and has a vision to transform the 700 block of Laurel Street into a public plaza, thereby paving the way for a more vibrant and pedestrian-friendly downtown.

Location

State CA

County San Mateo

Zoning MU-DC

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Roof Type Other

Total Parking Spaces 4

Building

Story 1

Others

Tax ID 050154220

Listed by Randy Kinghorn Kinghorn Commercial Properties

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