987 Laurel ST, San Carlos, CA 94070

$1,400,000
1,185
SqFt

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List Price
$1,400,000
Price Change
▼ $250,000 1782251404
MLS#
ML82027747
Status
ACTIVE
Zoning
MU-N-50: retail, office, resid. dev.
Sqft. of Residence
1,185
Lot Size
3,000
Listing Area
Howard Park Etc.

Property Description

This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. 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. 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.

Additional Information

Acres
0.07
Cooling System
Central AC
Floor Covering
Laminate
Foundation
Concrete Slab
Garage Parking
Uncovered Parking
Heating System
Central Forced Air - Gas
Living Area
1,185
Lot Description
Other
Lot Size
3,000
Neighborhood
Howard Park Etc.
Other Utilities
Natural Gas, Public Utilities
Roof
Tar and Gravel
Sewer
Sewer - Public
Style
Contemporary
Zoning
MU-N-50: retail, office, resid. dev.

Listing courtesy of Alexander Kent, 650-793-0541 from Compass
(If provided) CoList: from

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