$1,850,000

987 Laurel Street, San Carlos, CA 94070

  • 1,185 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,561/sqft
  • Property List Date Icon Listed 24 days ago

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:
November 16, 2025 at 06:00AM
Listing Office:
Compass : 415-660-9955
Listing Agent:
Alexander Kent : 650-793-0541
MLS ID:
ML82027747
  • Flooring: Laminate
  • Heating: Forced Air
  • School District: Sequoia Union High
  • County: San Mateo
  • Zoning: MU-N051358020

This listing courtesy of Alexander Kent, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Redwood High School

1968 Old County Rd, Redwood City, CA, 94063

Grades 9-12

0.74 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.