717 Laurel ST, San Carlos, CA 94070

$4,500,000

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Listed by Randy Kinghorn, 650-918-4388 from Kinghorn Commercial Properties
(If provided) CoList: from

List Price
$4,500,000
Price Change
▼ $300,000 1777523515
MLS#
ML81992151
Status
ACTIVE
Lot Size
7,250
Year Built
1951

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.

Additional Information

Acres
0.17
Cooling System
Central AC
Foundation
Concrete Slab
Garage Parking
Parking Area
Heating System
Central Forced Air
Lot Size
7,250
Other Utilities
Individual Electric Meters
Present Use
Retail
Roof
Other
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
MU-DC

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