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790 Laurel St 3,900 SF 100% Leased Office Building San Carlos, CA 94070 $3,100,238 CAD ($794.93 CAD/SF)
Investment Highlights
- Prime Laurel Street Location
- 100% occupied
- Central Air & Heat
- New exterior paint
- Convenient access to public transportation
Executive Summary
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 professionally 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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,900 SF
Building Class
C
Year Built
1950
Price
$3,100,238 CAD
Price Per SF
$794.93 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,950 SF
Building FAR
1.77
Lot Size
0.05 AC
Zoning
MU - Mixed Use Downtown Core - 100
https://www.codepublishing.com/CA/SanCarlos/html/SanCarlos18/SanCarlos1805.html?utm_source=chatgpt.com
Amenities
- Storage Space
- Central Heating
- High Ceilings
- Partitioned Offices
- Air Conditioning
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 050-153-090 | Improvements Assessment | $873,767 CAD |
| Land Assessment | $1,529,093 CAD | Total Assessment | $2,402,860 CAD |
Property Taxes
Parcel Number
050-153-090
Land Assessment
$1,529,093 CAD
Improvements Assessment
$873,767 CAD
Total Assessment
$2,402,860 CAD
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790 Laurel St
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