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Listed by Randy Kinghorn, DRE #01743580 • Kinghorn Commercial Properties
$4,250,000
Est. payment /mo
5,550 SqFt
Price Dropped by $250K
717 Laurel ST San Carlos, CA 94070
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Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 5,550 sqft
Price per Sqft $765
MLS Listing ID ML81992151
Year Built 1951
Lot Size 7,250 Sqft
Property Sub-Type Commercial Property
Source MLSListings, Inc.
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.
Location
State CA
County San Mateo
Zoning MU-DC
Interior
Heating Central Forced Air
Cooling Central AC
Exterior
Parking Features Parking Area
Garage Spaces 4.0
Utilities Available Individual Electric Meters
Roof Type Other
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Individual Water Meter
Others
Tax ID 050-154-220
Special Listing Condition Not Applicable
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