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745 Laurel Street, San Carlos, CA 94070

Commercial property

745 Laurel Street, San Carlos, CA 94070 Sold April 2024 CRMLS
$1,400,000Sold April 2024

Listing Agent: David Blewett (DRE #00548522) · Listing Office: Intero Real Estate Services · Contact: (650) 622-1000 · Bought with: Peter Vece · Golden Gate Sotheby's International Realty · MLS #ML81956916 · Source: CRMLS

1,875
Building Sq Ft
3,526 sqft
Lot Size
1949
Year Built
MU-DC
Zoning
Commercial property
Type

About this commercial property

Wow! A Commercial Store Front Building in the middle of the wildly popular 700 Block of Laurel Street. You have arrived! The 700 Block is closed to traffic, with great pedestrian oriented foot traffic to restaurants, shops, boutiques, etc. The 700 block of Laurel Str. is under new design by the City of San Carlos to be the new hot spot for San Carlos. Besides nearby city parking, alley parking, side street parking...property has 4 parking spaces right behind the building. The 25' foot wide lot extends about 70' behind the building; hence ample room for at least 4 parking spaces accessed through the rear doors of each unit. 785-787 Laurel Str SOLD in 12/30/2019 @ $5,277,000. And, it appears from the property inspection, that the middle wall between 745 and 747 could be removed to make 1 big unit, offering endless potential. Current tenants are on month to month rental agreements. 745 is currently rented to the Cobbler Shop. 747 is currently rented as a Barber Shop, Rents are well below market, each unit has high ceilings, bathrooms with a toilet and sink. Rear doors to the rear parking. Easy to see. Do not miss this rare opportunity to own a store front property on the MOST POPULAR block - the 700 location of Laurel Street -in the heart of down town- exciting times ahead

Listing description from the April 2024 sale, as reported to CRMLS.

Sale history

$1,400,000
Sold April 2024 · listed $1,299,888, on market March 2024 · MLS #ML81956916 · Source: CRMLS
Listing Agent: David Blewett · Listing Office: Intero Real Estate Services · Contact: (650) 622-1000 · Bought with: Peter Vece · Golden Gate Sotheby's International Realty
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