CA
San Mateo
SAN CARLOS
94070
987 Laurel Street
987 Laurel Street, SAN CARLOS, CA 94070
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Listing Type
Multi Family
Listing Status
active
6
$2,000,000

Home Details for 987 Laurel Street

Price
$2,000,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
1250
Year built
1946
Lot size acres
0.0689
County
San Mateo
Garage
Days on site
0
MLS Listing#
ML82027747
Listed By: Compass - 415-660-9955
Listed By: Alexander Kent
Property Description

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.

Property Features
  • Heating Information
    • Central
    • Forced Air
    • Natural Gas
  • Utilities
    • Natural Gas Available
    • Cable Available
  • Cooling Information
    • Central Air
  • Water Features
    • Public
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Based on information from the MLSListings MLS. 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. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-11-16 23:30:36
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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