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In-PersonVirtual Tour
$ 3,995,000
Est. payment | /mo
0.33 Acres Lot
$ 3,995,000
Est. payment | /mo
0.33 Acres Lot
Open House
Wed Jul 29, 11:30am - 1:30pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82054858
HOA Y/N No
Year Built 1946
Annual Tax Amount $50,000
Lot Size 0.334 Acres
Property Description
Rare opportunity to own a highly desirable mixed-use property in the heart of San Carlos! This ±9,947 SF building offers an ideal blend of retail and office space, strategically located near US-101 and just moments from vibrant downtown San Carlos. The property features two ground-floor retail suites, including Mountain Mike's Pizza, a nationally recognized brand, occupying one space under a long-term lease that provides a stable income stream. The second retail space, along with the office component, offers additional upside potential for investors and owner-users alike. The property has been exceptionally well maintained and reflects true pride of ownership. Recent capital improvements include a complete replacement and restriping of the rear parking lot as well as a full resealing of the barrel roof section, reducing near-term capital needs for a future owner. With ample parking located behind the building, excellent visibility, and a premier location that benefits from both strong vehicle traffic and proximity to downtown San Carlos, this property presents an outstanding investment opportunity. Don't miss the chance to acquire a quality mixed-use asset in one of the Peninsula's most sought-after commercial markets.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning CL0000
Interior
Cooling Central Air, Gas
Fireplace No
Exterior
Utilities Available Other
Roof Type Composition
Present Use Commercial
Building
Story 2
Water Public
Others
Tax ID 050154070
Listed by Andrew Guglielmi SC Properties #01852584
Nearby Locations
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