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The Office 2 Properties Offered at $5,350,000 in San Carlos, CA
INVESTMENT HIGHLIGHTS
- Prime mixed-use development site with MU-SB-120 zoning allowing up to 120 dwelling units per acre, hotel, office, and medical uses.
- Exceptional location near downtown San Carlos with abundant dining, retail, and transit options, plus proximity to Silicon Valley.
- High-density opportunity featuring a 75-foot height limit and 3.0 FAR, enabling six-story construction in a vibrant corridor.
- Two existing structures—a fully built-out restaurant with patio and a remodeled office building—offering immediate income or redevelopment potential.
EXECUTIVE SUMMARY
This offering includes 1748 El Camino Real, an existing restaurant with a full kitchen, bar, and large enclosed patio, and 1768 El Camino Real, a newly remodeled office building with on-site parking. Together, the combined lots total just over ±15,000 SF and feature high-density MU-SB-120 zoning with a 3.0 FAR, 75-foot height limit, and capacity for up to six stories and 120 dwelling units per acre. Additional allowable uses include hotel, office, and medical. Located near downtown San Carlos, the properties benefit from convenient access to abundant restaurant and retail amenities.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $5,350,000 | Number of Properties | 2 |
| Price / SF | $1,446 / SF | Individually For Sale | 0 |
| Sale Condition | 1031 Exchange | Total Building Size | 3,700 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.35 AC |
| Status | Active |
| Price | $5,350,000 |
| Price / SF | $1,446 / SF |
| Sale Condition | 1031 Exchange |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 3,700 SF |
| Total Land Area | 0.35 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1768 El Camino Real, San Carlos, CA 94070 | Office | 1,200 SF | 1946 | - |
| 1748 El Camino Real, San Carlos, CA 94070 | Retail | 2,500 SF | 1932 | - |
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