717 Laurel Street, San Carlos, CA 94070

$4,500,000
5,550
SqFt

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List Price
$4,500,000
Status
ACTIVE
MLS#
ML81992151
Price Change
▼ $300,000 1777527424
Year Built
1951
Property Type
Comm Ind For Sale
Living Area
5,550
Lot Size
7,250
Acres
0.17
County
San Mateo
Subdivision
Ca

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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Listing courtesy of Randy Kinghorn from Kinghorn Commercial Properties. 650-918-4388

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