This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care – limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.
AGENT: LISTING BROKERAGE: Compass
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 987 Laurel ST
San Carlos, CA
Property Details
Price:
$1,850,000
MLS #:
ML82027747
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699notdefined
Listed Date:
Nov 16, 2025
Finished Sq Ft:
1,185
Total Sq Ft:
1,185
Lot Size:
3,000 sqft / 0.07 acres (approx)
Year Built:
1946
Contemporary699 – Not Defined699notdefinedOtherNone
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Schools
School District:
Other
Interior
Cooling
CA
Flooring
LAM
Exterior
Architectural Style
CNT
Parking Spots
3
Parking Total
3
Roof
TARGRV
Security Features
WB
View
NO
Financial
Map
Community
- Address987 Laurel ST San Carlos CA
- CitySan Carlos
- CountySan Mateo
- Zip Code94070
