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$ 2,199,000
Est. payment | /mo
3,900 SqFt
$ 2,199,000
Est. payment | /mo
3,900 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $563
MLS Listing ID ML82051339
HOA Y/N No
Year Built 1957
Lot Size 2,200 Sqft
Property Sub-Type Comm Ind For Sale
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
Zoning OFC
Interior
Heating Forced Air
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 050153090
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Listed by Cam Thompson • Coldwell Banker Realty
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