SOLD 04/19/2024
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Commercial sold for $1,400,000 in 43 days
745 Laurel St San Carlos, CA, 94070
Off the market Comm Ind For Sale
Wow! A Commercial Store Front Building in the middle of the wildly popular 700 Block of Laurel Street. You have arrived! The 700 Block is closed to traffic, with great pedestrian oriented foot traffic to restaurants, shops, boutiques, etc. The 700 block of Laurel Str. is under new design by the City of San Carlos to be the new hot spot for San Carlos. Besides nearby city parking, alley parking, side street parking...property has 4 parking spaces right behind the building. The 25' foot wide lot extends about 70' behind the building; hence ample room for at least 4 parking spaces accessed through the rear doors of each unit. 785-787 Laurel Str SOLD in 12/30/2019 @ $5,277,000. And, it appears from the property inspection, that the middle wall between 745 and 747 could be removed to make 1 big unit, offering endless potential. Current tenants are on month to month rental agreements. 745 is currently rented to the Cobbler Shop. 747 is currently rented as a Barber Shop, Rents are well below market, each unit has high ceilings, bathrooms with a toilet and sink. Rear doors to the rear parking. Easy to see. Do not miss this rare opportunity to own a store front property on the MOST POPULAR block - the 700 location of Laurel Street -in the heart of down town- exciting times ahead
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Property details
1,875 sqft interior area
Land area
3,526 sqft (0.08 acres)
Address
745 Laurel St, San Carlos, CA, 94070
City of California
San Carlos
County
San Mateo
Year Built
1949
District
Listing
Nearby major retailers
Costco
CVS Pharmacy
Pet Food Express
See's Candies
Supercuts
Verizon Wireless
Petco
Trader Joe's
GNC
Zumiez
GameStop
Apple Store
Ross
7-Eleven
Dollar Tree
AT&T
MetroPCS
Kohl's
Ace Hardware
Public Storage
99cent Store & Over
T-Mobile
The Home Depot
Marshalls
Safeway
NAPA Auto Parts
Macy's
Nordstrom
Jiffy Lube
Kmart
Lexus
AutoZone
Whole Foods Market
O'Reilly Auto Parts
Rite Aid
TJ Maxx
Wholesale: 2
Chemist: 3
Pet: 6
Confectionery: 2
Hairdresser: 3
Mobile phone: 12
Supermarket: 10
Nutrition supplements: 3
Clothes: 1
Video games: 4
Electronics: 1
Department store: 11
Convenience: 6
Variety store: 3
Do it yourself: 4
Storage rental: 19
Car repair: 3
Car: 1
Car parts: 2
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Interior Features
Concrete floors
Roof
Composition
Floor Covering
Concrete
Listed by
David Blewett, Intero Real Estate Services
Name
David Blewett
License number
00548522
Brokerage company
Intero Real Estate Services
MLS #
ML81956916
Buyer agent
Name
Peter Vece
Brokerage company
Golden Gate Sotheby's International Realty
Payment calculator
Calculate your monthly payments
Mortgage
$4,299
Taxes
$0
HOA dues
$0
Mortgage
$280,000 / 20%
2.28%
30 years
Your amount
$4,299 / month
Lot details
TMK #050154190
Parcel nr.
050154190
94070 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94070
47%
Families with children
National average: 39%
32%
Non family households
251,540
Population
$176,824
Average Income
Age & gender
Median age 40 years
More info
Commute types
81% commute by car
More info
Education level
31% have bachelor education
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Number of employees
3% work in management
More info
Vehicles available
44% have 2 vehicle
More info
Vehicles by gender
44% have 2 vehicle
More info
Housing market insights for
$2.03m
Neighborhood average
sales price*
sales price*
$1.93m
Neighborhood median
sales price*
sales price*
379
Number
of sales*
of sales*
Housing type
60% are single detacheds
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Rooms
32% of the houses have 4 or 5 rooms
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Bedrooms
57% have 2 or 3 bedrooms
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Owners vs Renters
64% are owners
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16.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Green energy efficient
Efficient
None
Price history
Sold Apr 19, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 19, 2024 | Sold | $1,400,000 | 0 | Public Record |
| Apr 19, 2024 | Price Increase | $1,400,000 +7.7% | 0 | MLS #ML81956916 |
| Mar 20, 2024 | Pending | $1,299,888 | 0 | MLS #ML81956916 |
| Mar 8, 2024 | New Listing | $1,299,888 | 0 | MLS #ML81956916 |
Taxes of 745 Laurel St, San Carlos, CA, 94070
MU-D zoning / MLS #ML81956916
Zoning
MU-D
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Frequently Asked Questions about 745 Laurel St
What is 745 Laurel St?
745 Laurel St is a Commercial/Industrial propertywith 1,875 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
745 Laurel St, San Carlos, CA, 94070.
What comparable properties are nearby?
Comparable nearby commercial properties include 1216 El Camino Real, 1239 Laurel St, 260 Main St, 48 Laurel St, 2796 Middlefield Rd, 1305 S Railroad Ave.
Based on information from the bridgeMLS as of 05-03-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 22, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Bianchini's, 0.12 miles away and Lucky, 0.62 miles away.
The 94070 zip area has a population of 251,540, and 47% of the families have children. The median age is 40.78 years and 81% commute by car. The most popular housing type is "single detached" and 64% is owner.
