745 Laurel ST, San Carlos, CA 94070

$1,400,000

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Listed by David Blewett, 650-867-4389 from Intero Real Estate Services
(If provided) CoList: from

Sold listing courtesy of Peter Vece from TODAY

Sold Price
$1,400,000
List Price
$1,299,888
Closing Date
Apr 19, 2024
MLS#
ML81956916
Status
SOLD
Lot Size
3,526
Listing Area
Howard Park Etc.
Year Built
1949

Property Description

Wow! A Commercial Store Front Building in the middle of the wildly popular 700 Block of Laurel Street. You have arrived! The 700 Block is closed to traffic, with great pedestrian oriented foot traffic to restaurants, shops, boutiques, etc. The 700 block of Laurel Str. is under new design by the City of San Carlos to be the new hot spot for San Carlos. Besides nearby city parking, alley parking, side street parking...property has 4 parking spaces right behind the building. The 25' foot wide lot extends about 70' behind the building; hence ample room for at least 4 parking spaces accessed through the rear doors of each unit. 785-787 Laurel Str SOLD in 12/30/2019 @ $5,277,000. And, it appears from the property inspection, that the middle wall between 745 and 747 could be removed to make 1 big unit, offering endless potential. Current tenants are on month to month rental agreements. 745 is currently rented to the Cobbler Shop. 747 is currently rented as a Barber Shop, Rents are well below market, each unit has high ceilings, bathrooms with a toilet and sink. Rear doors to the rear parking. Easy to see. Do not miss this rare opportunity to own a store front property on the MOST POPULAR block - the 700 location of Laurel Street -in the heart of down town- exciting times ahead

Additional Information

Acres
0.08
Age
75
Amenities
High Ceiling
Building Name
The Cobbler & Guy's Barber Shop
Cooling System
None
Days On Market
Unknown
Energy Features
None
Floor Covering
Carpet, Concrete, Vinyl / Linoleum
Foundation
Concrete Slab, Permanent
Garage Parking
Off-Street Parking, Parking Area, Tandem Parking, Uncovered Parking
Heating System
Wall Furnace
Lot Size
3,526
Neighborhood
Howard Park Etc.
Other Rooms
Other
Other Utilities
Garbage Collection, Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Present Use
Commercial, Mixed, Service
Roof
Rolled Composition, Tar and Gravel, Other
Sewer
Sewer - Public, Sewer Connected
Unincorporated Yn
Yes
Zoning
MU-DC

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