Additional details

Listed by Cam Thompson, DRE #01295759 • Coldwell Banker Realty
$2,199,000
Est. payment /mo
3,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $563
MLS Listing ID ML82051339
Year Built 1957
Lot Size 2,200 Sqft
Property Sub-Type Commercial Property
Source MLSListings, Inc.
Property Description
Exceptional opportunity to own a well-positioned, fully leased commercial office building offering approximately 4,000 square feet and immediate income potential. It is ideally located on one of the most vibrant and recognizable blocks of Laurel Street. This well-maintained two-story property features an inviting lobby with soaring ceilings, nine private offices, 4 restrooms, a storage room, and a utility room. Each floor is equipped with its own heating and air conditioning system. A rare investment opportunity, all current tenants are on month-to-month leases, providing immediate rental income while allowing a new owner the flexibility to implement their own vision for the property. Whether as a long-term investment, owner-user opportunity, or future redevelopment play, the possibilities are extensive. The property enjoys exceptional visibility and convenience just steps from popular restaurants, boutique shopping, Bianchinis Market, and a variety of downtown amenities. Ample parking is available on nearby side streets and in the adjacent City parking lot.
Location
State CA
County San Mateo
Area Howard Park Etc.
Zoning OFC BLDG
Interior
Heating Central Forced Air, Central Forced Air - Gas, Forced Air
Cooling Central AC, Central Forced Air - Gas
Flooring Carpet, Vinyl / Linoleum
Exterior
Parking Features On Street
Utilities Available Public Utilities
Roof Type Foam
Building
Foundation Concrete Slab
Sewer Sewer - Public, Sewer Connected
Water Public
Others
Tax ID 050-153-090
Special Listing Condition Not Applicable
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