987 Laurel Street, San Carlos 94070

$1,400,000

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1,185

Square feet

3,000

Lot Size

Listing Agent
Alexander Kent - Compass

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® # ML82027747
Price $1,400,000
Bathrooms 0.00
Square Footage 1,185
Lot Size 3,000
Year Built 1946
Type Residential Income
Sub-Type Duplex
Style Contemporary
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
Parking Spaces 3
Parking Uncovered
Garages Uncovered
View None
Is Waterfront No
Has Pool No

Interior

Interior Laminate
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 1

Exterior

Roof Tar/Gravel
Foundation Slab

School Information

District Other

Additional Information

Date Listed November 16th, 2025
Days on Market 287
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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