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Vet Medical, Retail, School, Gym,Duplex+ Res? 987 Laurel St 1,185 SF Office Building San Carlos, CA 94070 $1,850,000 ($1,561.18/SF)



INVESTMENT HIGHLIGHTS
- Turn-Key Veterinarian Medical Office.
- Walking distance to Caltrain, El Camino Bus Lines. Convenient location with easy street parking and private parking in back.
- Vibrant, highly visible signage.
- Call Alexander Kent for more information
EXECUTIVE SUMMARY
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.
Please do not disturb existing tenant. 48 hour advance notice to tenant required, conducted through listing broker, to tour any portion of the property.
Sage tenant's lease expires 12/31/2026. While they have options to renew, we project that the tenant won't renew, and may vacate as early as Summer 2026.
Call Alexander Kent for more information
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.
Please do not disturb existing tenant. 48 hour advance notice to tenant required, conducted through listing broker, to tour any portion of the property.
Sage tenant's lease expires 12/31/2026. While they have options to renew, we project that the tenant won't renew, and may vacate as early as Summer 2026.
Call Alexander Kent for more information
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,185 SF
Building Class
C
Year Built
1950
Price
$1,850,000
Price Per SF
$1,561.18
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,185 SF
Building FAR
0.39
Lot Size
0.07 AC
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.
Parking
3 Spaces (2.53 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 051-358-020 | Improvements Assessment | $514,154 |
| Land Assessment | $1,217,736 | Total Assessment | $1,731,890 |
PROPERTY TAXES
Parcel Number
051-358-020
Land Assessment
$1,217,736
Improvements Assessment
$514,154
Total Assessment
$1,731,890
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Vet Medical, Retail, School, Gym,Duplex+ Res? | 987 Laurel St
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