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Listed by Marco Barretto Compass
$4,200,000
Est. payment /mo
8 Beds
8 Baths
5,554 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,554 sqft
Price per Sqft $756
MLS Listing ID 426131192
Bedrooms 8
Full Baths 8
HOA Y/N No
Year Built 2003
Lot Size 3,900 Sqft
Acres 0.0895
Property Sub-Type Commercial
Property Description
Rare opportunity to acquire a 5-unit mixed-use building in the heart of Downtown San Carlos. 577 Laurel Street combines four (4) large 2 bedroom/2 bathroom residential units with a ground-floor commercial unit on one of the Peninsula's most coveted retail corridors, steps from Caltrain, Highway 101, and the Laurel Street dining and shopping district. Well-suited for 1031 exchange buyers seeking trophy Peninsula real estate with low maintenance, family offices building generational holds, value-add operators, or owner-users looking to occupy the commercial space and offset debt with residential income (SBA 504 financing eligible). Downtown San Carlos features outstanding Walk Score, top-rated schools, and a thriving commercial corridor.
Location
State CA
County San Mateo
Area San Carlos
Zoning MU-DC-100
Interior
Heating Central
Fireplace No
Laundry In Unit
Exterior
Utilities Available Common Area Meter, Separate Meters (See Remarks)
Total Parking Spaces 6
Building
Lot Description None
Level or Stories Three Or More
New Construction No
Others
Tax ID 050074170
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