$4,500,000
About this home
717 Laurel Street is currently a single tenant building comprised of approximately 5,550 sf of ground floor retail space with +/-1,800 sf of additional mezzanine space. Value can be added by re-tenanting and possibly demising it down for multiple retail units. The building will also be available for an owner/user to occupy when the current tenant's lease expires in July 2026. San Carlos is undergoing tremendous development which will make the property a solid long term investment. The City has permanently closed this section of the street to vehicular traffic and has a vision to transform the 700 block of Laurel Street into a public plaza, thereby paving the way for a more vibrant and pedestrian-friendly downtown.
Facts & features
- Bathrooms
- 0
- Heating
- Central
- Cooling
- Central Air
- Lot size
- 0.166 acres (7,250 sq ft)
- Year built
- 1951
- Parking spaces
- 4
- County
- San Mateo
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 478
- Listed
- 2025-01-29
- Original price
- $5,300,000
- Parcel #
- 050154220
- MLS #
- ML81992151