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$ 4,500,000
Est. payment | /mo
7,248 Sqft Lot
$ 4,500,000
Est. payment | /mo
7,248 Sqft Lot
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 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
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 #01743580
NEARBY SCHOOL & BUSINESS
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