790 Laurel Street, San Carlos, CA, CA 94070

$2,199,000

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List Price
$2,199,000
Status
ACTIVE
MLS#
ML82051339
County
San Mateo
Zoning
OFC BLDG
Year Built
1957
Square Feet
3,900
Lot Size (acres)
0.0505
Days on Market
42
Property Type
Commercial

Property Description

Exceptional opportunity to own a well-positioned, fully leased commercial office building offering approximately 4,000 square feet and immediate income potential. It is ideally located on one of the most vibrant and recognizable blocks of Laurel Street. This well-maintained two-story property features an inviting lobby with soaring ceilings, nine private offices, 4 restrooms, a storage room, and a utility room. Each floor is equipped with its own heating and air conditioning system. A rare investment opportunity, all current tenants are on month-to-month leases, providing immediate rental income while allowing a new owner the flexibility to implement their own vision for the property. Whether as a long-term investment, owner-user opportunity, or future redevelopment play, the possibilities are extensive. The property enjoys exceptional visibility and convenience just steps from popular restaurants, boutique shopping, Bianchinis Market, and a variety of downtown amenities. Ample parking is available on nearby side streets and in the adjacent City parking lot.

Additional Information

Taxes
$20,500
Parcel Number
050153090
Gross Scheduled Income
$86,400
Heat
Central, Forced Air
Cooling
Yes
Cooling Description
Central Air, Gas
Roof
Foam
Water
Public

Listing courtesy of Listing Agent: Cam Thompson (cam@thecamthompsonteam.com) from Listing Office: Coldwell Banker Realty.

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Calculator source: Real Geeks

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.