987 Laurel Street, San Carlos

$1,400,000

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0.07

Acres

About 987 Laurel Street

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.

Features of 987 Laurel Street

MLS® # ML82044092
Price $1,400,000
Bathrooms 0.00
Acres 0.07
Type Land
Status Active

Community Information

Address 987 Laurel Street
Area 699 - Not Defined
City San Carlos
County San Mateo
Zip Code 94070

Amenities

Utilities Natural Gas Available
View None
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

School Information

District Other

Additional Information

Date Listed April 22nd, 2026
Days on Market 83
Zoning MU-N-50: retail, office
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAlexander Kent
OfficeCompass

Listing Map

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