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717 Laurel St 5,550 SF Retail Building San Carlos, CA 94070 $4,800,000 ($864.86/SF)
Investment Highlights
- Rare Downtown San Carlos Investment or Owner User
- May be able to Convert Building into Two Units
- City Has Permanently Closed the Street to Vehicles for Pedestrian Mall
- Significant Upside in Rent When Lease Expires 2/28/2026
- Four Parking Spaces in the Back of the Property
- Close Proximity to Major Employment Base in Redwood Shores
Executive Summary
LOCATION DESCRIPTION
San Carlos is located between two major economic hubs San Francisco and San Jose as well as within a ten minute drive from approximate 24
million sf of office space occupied by high paying companies in the fields of technology, finance, law, life/bio sciences and health care. Here is a
partial list of some of the major employers in the surrounding area: Oracle, Visa, Electronic Arts, Sutter/Palo Alto Medical Foundation, Novartis,
PG&E Zuora, Evernote, Check Point, MarkLogic, Nikon, Zuora, Acxiom, Natera, Shutterfly, Nintendo, Bristol Myers Squibb, Box, Fisher
Investments, Snowflake Computing, Indeed, Rakutan, Guideware, WorkDay, Chan Zuckerberg Initiative, SurveyMonkey, Apptus, Gilead ScIences,
Robolox, Franklin Templeton, Tano Capital, Coupa, Qualys, IBM, Marketo, Gunderson Dettmar, Fish & RIchardson, Seiler LLP, and Goodwin & Procter.
The city of San Carlos describes itself as, "ideally situated between San Francisco and San Jose, San Carlos is easily accessed by highways,
railways and airways. The ultimate in geography and livability, it strikes a rare balance between small-town charm and big-city access. Here, a
quaint village feeling goes hand in hand with the latest global advances. It's the best of both worlds, in an extremely convenient and pleasant
location."
Property Facts
Amenities
- Mezzanine
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Hallmark began in 1910 when Joyce Hall started selling postcards in Kansas City. The company transitioned to greeting cards after a 1915 fire destroyed the postcard inventory. Over decades, Hallmark expanded into gift products and television production. The 1980s brought acquisitions including Crayola and Binney & Smith. Today, Hallmark operates through multiple business units, including media channels such as Hallmark Channel. The company remains family-owned while serving global markets with emotional expression products.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This prime downtown property has approximately 5,550 sf on the ground floor, boasts 50 feet of coveted Laurel Street frontage, an inviting open storefront, a convenient storage/back stock area, and an impressive +/-1,800 SF mezzanine space, offering endless possibilities for retail or restaurant ventures. With high foot traffic counts and the added convenience of four parking spaces at the rear, this property is perfectly poised for success. With the city's innovative pedestrian mall concept in the works, this property is a rare find in a highly desirable downtown location. Scheduled to be available 3/1/2026.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,550 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 5,550 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 5,550 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This prime downtown property has approximately 5,550 sf on the ground floor, boasts 50 feet of coveted Laurel Street frontage, an inviting open storefront, a convenient storage/back stock area, and an impressive +/-1,800 SF mezzanine space, offering endless possibilities for retail or restaurant ventures. With high foot traffic counts and the added convenience of four parking spaces at the rear, this property is perfectly poised for success. With the city's innovative pedestrian mall concept in the works, this property is a rare find in a highly desirable downtown location. Scheduled to be available 3/1/2026.
Nearby Major Retailers
Property Taxes
| Parcel Number | 050-154-220 | Improvements Assessment | $940,072 |
| Land Assessment | $3,249,639 | Total Assessment | $4,189,711 |
Property Taxes
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717 Laurel St
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