CA > San Carlos
San Carlos, CA 94070,717 Laurel ST
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San Carlos, CA 94070,717 Laurel ST
San Carlos, CA 94070,717 Laurel ST
San Carlos, CA 94070,717 Laurel ST
San Carlos, CA 94070,717 Laurel ST
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Alan Canas

Alan Canas

+1(415) 298-8940
Listed by Randy Kinghorn • Kinghorn Commercial Properties
$ 4,800,000
Est. payment /mo
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Price Dropped by $500K

717 Laurel ST San Carlos, CA 94070

5,550 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 5,550 sqft

Price per Sqft $864

MLS Listing ID ML81992151

Year Built 1951

Lot Size 7,250 Sqft

Property Sub-Type Commercial Property

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 Forced Air

Cooling Central AC

Exterior

Parking Features Parking Area

Utilities Available Individual Electric Meters

Roof Type Other

Present Use Retail

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Individual Water Meter

Level or Stories 1

Others

Restrictions None

Tax ID 050-154-220

Security Features Other

Special Listing Condition Not Applicable

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Alan Canas

PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® | License ID: CA DRE #01793936

+1(415) 298-8940

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717 Laurel ST