MLS® ID: ML81771513
785-787 Laurel Street
SAN CARLOS, California, 94070 $5,200,000
Fifty feet of prime retail frontage along Laurel Street in the heart of downtown San Carlos. Currently single tenant leased until 8/31/2024 at well below market rent. The building was previously demised into two retail spaces and may be converted back in the future. San Carlos is undergoing tremendous development which will make the property a solid long term investment. Great opportunity as well for "patient capital", 1031 exchange upleg or long term estate planning. The building has two restrooms for customers and one restroom in the back for employees. There is also a room in the back of the building for retail back stock and one to serve as an administrative office with a kitchenette for employees.