Exceptional opportunity to own a well-positioned, fully leased commercial office building offering approximately 4,000 square feet and immediate income potential. It is ideally located on one of the most vibrant and recognizable blocks of Laurel Street. This well-maintained two-story property features an inviting lobby with soaring ceilings, nine private offices, 4 restrooms, a storage room, and a utility room. Each floor is equipped with its own heating and air conditioning system. A rare investment opportunity, all current tenants are on month-to-month leases, providing immediate rental income while allowing a new owner the flexibility to implement their own vision for the property. Whether as a long-term investment, owner-user opportunity, or future redevelopment play, the possibilities are extensive. The property enjoys exceptional visibility and convenience just steps from popular restaurants, boutique shopping, Bianchinis Market, and a variety of downtown amenities. Ample parking is available on nearby side streets and in the adjacent City parking lot.
| MLS # | ML82051339 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 88 |
| Listing Provided By | Coldwell Banker Realty | Cam Thompson |
| SQ Feet | 3,900 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | OFC BLDG |
| Acreage | 0.05 |
| Cooling | Central Air, Gas |
|---|---|
| Heating | Central, Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Foam |
|---|
| Property | 20500 |
|---|
| State | CA |
|---|---|
| County | San Mateo |
| City | San Carlos |
| Zip Code | 94070 |
| Area | 699 Not Defined |
| Listing VS Median (in 94070) | |
Price: $2,199,000 low | high Med: $2,800,000 sqft: 3,900 low | high Med: 2,080 $ / sqft: $564 low | high Med: $1,346 On site: 88 low | high Med: 79 | |
| State | CA |
|---|---|
| County | San Mateo |
| City | San Carlos |
| Zip Code | 94070 |
| Area | 699 Not Defined |
| Listing VS Median (in 94070) | |
Price: $2,199,000 low | high Med: $2,800,000 sqft: 3,900 low | high Med: 2,080 $ / sqft: $564 low | high Med: $1,346 On site: 88 low | high Med: 79 | |
![]() | $2,225,0001122 Bush StreetSan Carlos, CA 94070 |