987 Laurel Street
San Carlos, CA 94070 • Bed • 0 Bath • 1,185 sq.ft.

Property summary

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.

Days on market: 45

Listing updated: December 31, 2025 - 07:41:12

Property details

Property ID
ML82027747
Size
1185 sq.ft.
Home Type
Residential Income
Year Built
1946
Property Size
0.0689 acre
Garage
0
Levels
Spa
No
Patio
No
Basement
No
View
None
Pool
No

Listed by: Alexander Kent DRE #01718732 (415) 660-9955, Compass - MLSListings

Source: MLSListings, MLS#: ML5097645 Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
0
Kitchen
N/A
Cooling
Central Air
Heating
N/A
Flooring
Laminate
Laundry
N/A
$1,800,000
Property price
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-03 02:41:30 PST and /or other sources. 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.

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