San Carlos, CA 94070,987 Laurel Street
San Carlos, CA 94070,987 Laurel Street
San Carlos, CA 94070,987 Laurel Street
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$1,850,000
Est. payment /mo
1,185 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,185 sqft

Price per Sqft $1,561

MLS Listing ID ML82027747

HOA Y/N No

Year Built 1946

Lot Size 3,000 Sqft

Acres 0.07

Property Sub-Type Duplex

Property Description

This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care - limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.

Location

State CA

County San Mateo

Zoning MU-N

Interior

Heating Forced Air

Flooring Laminate

Fireplace No

Building

New Construction No

Schools

School District Sequoia Union High

Others

Tax ID 051358020


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Listed by Alexander Kent • Compass

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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987 Laurel Street