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633-637 Laurel St
San Carlos, CA 94070

Retail, Office, Restaurant-400 Amps-TI Credit · Property For Lease

Highlights

  • Ideal Restaurant Location! Very central, downtown San Carlos.
  • (Within 1 Mile) Average household Income = $192,204, Daytime Employment Total = 16,490 employees, Annual Expenditures – Food and Alcohol =$85,169,400
  • Very strong delayed rent commencement and TI credit package for strong tenant.
  • Walking Distance to Caltrain and Bus Lines.
  • Over 600 Parking Spaces within 1-2 blocks.

PROPERTY FACTS

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 6,425 SF
Year Built/Renovated 1941/2017
Parking Ratio 93.39/1,000 SF

About the Property

Please call me to discuss, Alex Kent, Broker, 650-793-0541. Approximately 3M square feet of new Office/Lab Approved in San Carlos should drive significant new consumer traffic to retail / restaurant tenants on Laurel Street. Permit costing for restaurant parklet is $1,079 ($100 Admin and $979 Parklet) + $13.45/square foot of area for parklet for cleaning fee + 0.4% technology fee. Zoning: MU-DC-100: Mixed-Use Downtown Core: Allowable uses include retail, restaurant, commercial, and office uses, as well as residential dev. of up to 100 units/acre. https://www.codepublishing.com/CA/SanCarlos/html/SanCarlos18/SanCarlos1805.html#18.05 Convenience Market, Food & Beverage Sales, General Retail, General Personal Services including beauty salon, tattoo, massage, etc (see 18.23.170), Medical and Dental (limited to upper floors, so the property would have to be redeveloped, or special permission from the city granted), Business and Professional (limited to upper floors, so the property would have to be redeveloped, or special permission from the city granted), Nurseries and Garden Centers, Walk-In Clientele, Food Preparation, Bars/Nightclub, Theater, Banks, Vehicle Sales, Artist Studios, Instructional Services (minor use permit), Artist Studios (minor use permit), Limited Residential Care, Family Child Care. Formula/Chain businesses require a conditional use permit. “Formula business” means a use that has fifteen (15) or more other business locations in the United States and is required by contract, business model, or practice to maintain any of the following standardized characteristics: merchandise, menu, services, decor, uniforms, architecture, facade, color scheme, or signs. See also Section 18.23.260.

  • Bus Line
  • Restaurant
  • Signage
  • Skylights
  • Tenant Controlled HVAC
  • Listing ID: 31322858

  • Date on Market: 3/25/2024

  • Last Updated:

  • Address: 633-637 Laurel St, San Carlos, CA 94070

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