San Carlos, CA 94070,745 Laurel ST
San Carlos, CA 94070,745 Laurel ST
San Carlos, CA 94070,745 Laurel ST
27
$1,400,000
$1,299,888
7.7%
Est.Price: ?

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3,524 Sqft Lot

745 Laurel ST San Carlos, CA 94070

Est. payment /mo
SOLD DATE : 04/19/2024

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Key Details

Sold Price $1,400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81956916

Sold Date 04/19/24

HOA Y/N No

Year Built 1949

Annual Tax Amount $3,423

Lot Size 3,524 Sqft

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

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning MU-DC

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Utilities Available Natural Gas Available

Roof Type Other,Tar/Gravel

Present Use Commercial

Total Parking Spaces 4

Building

Story 1

Water Public

Others

Tax ID 050154190

Security Features Window Bars

Financing Cash

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California Regional MLS (CRMLS)
Listed by David Blewett • Intero Real Estate Services
Bought with Peter Vece • Golden Gate Sotheby's International Realty

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Andy Cleaves

Broker Associate | License ID: 01383386

+1(951) 732-7122

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