987 Laurel Street, San Carlos, CA 94070

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.

Listing Status:

Active

Date Added:

April 22, 2026

Data Last Updated:

May 20, 2026 at 1:06PM

Listing Office:

Compass :

Listing Agent:

Alexander Kent : 650-793-0541

MLS ID:

ML82044092

Location

• School District: Sequoia Union High
• County: San Mateo

Lot

• Zoning: MU-N051358020

Utilities

• Water: Public
• Sewer: Public Sewer