717 Laurel Street, San Carlos, CA 94070
- $4,250,000
- List Price
- $4,250,000
- Price Change
- ▼ $250,000 1790667897
- Status
- ACTIVE
- MLS#
- ML81992151
- Year Built
- 1951
- Lot Size
- 7,250
- Acres
- 0.17
- Days on Market
- 606
- Property Type
- Commercial
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
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $66,000
Listing courtesy of Listing Agent: Randy Kinghorn (randy@kinghorncommercial.com) from Listing Office: Kinghorn Commercial Properties.
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