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1001 Laurel St - Office Condo's for sale

1,174 - 2,870 SF Office/Retail Condo Units Offered at $1,041,700 - $3,157,000 Per Unit in San Carlos, CA 94070

Investment Highlights

  • Outdoor amenity area.
  • Reserved and secure onsite parking for employees/owner.
  • Four blocks to the San Carlos Caltrain station.

Executive Summary

Commercial condos located at the ground floor of a multifamily complex. There is high visibility with El Camino Real frontage. The spaces are walking distance to an abundance of downtown San Carlos amenities.

Property Facts

Price $1,041,700 - $3,157,000
Unit Size 1,174 - 2,870 SF
No. Units 4
Total Building Size 98,460 SF
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class B
Floors 3
Typical Floor Size 26,612 SF
Year Built 2009
Lot Size 0.92 AC
Parking Ratio 3.3/1,000 SF

4 Units Available

Unit B

Unit Size 1,240 SF
Price $1,364,000
Price Per SF $1,100.00
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 3.55%
NOI $48,360

Unit C

Unit Size 1,205 SF
Price $1,325,500
Price Per SF $1,100.00
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 3.33%
NOI $44,100

Unit D

Unit Size 1,174 SF
Price $1,041,700
Price Per SF $887.31
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 2.82%
NOI $29,403.24

Unit A

Unit Size 2,870 SF
Price $3,157,000
Price Per SF $1,100.00
Condo Use Office/Retail
Sale Type Investment
Cap Rate 2.95%
NOI $93,131.50
APN/Parcel ID 114-490-140
Description

Leased out unit A totals 2,870 SF.

Sale Notes

Four Condos to be sold together or separately as individual units.

Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Carpet
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Fitness Center
  • Gated
  • Grill
  • Elevator
  • Lounge

zoning

Zoning Code CSH0CL (Commercial)
CSH0CL (Commercial)
  • Listing ID: 25776427

  • Date on Market: 5/24/2022

  • Last Updated:

  • Address: 1001 Laurel St, San Carlos, CA 94070

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