717 Laurel Street, San Carlos, CA, CA 94070
- $4,500,000
- List Price
- $4,500,000
- Price Change
- ▼ $300,000 1777524219
- Status
- ACTIVE
- MLS#
- ML81992151
- County
- San Mateo
- Zoning
- MU-DC
- Year Built
- 1951
- Square Feet
- 5,550
- Lot Size (acres)
- 0.16640000000000002
- Days on Market
- 544
- Property Type
- Commercial
- Business Type
- Retail
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 July 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.
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Additional Information
- Parcel Number
- 050154220
- Gross Scheduled Income
- $66,000
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Other
- Parking Spaces
- 4
Listing courtesy of Listing Agent: Randy Kinghorn (randy@kinghorncommercial.com) from Listing Office: Kinghorn Commercial Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.