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$4,500,000 -$300,000 (-6.25%) Price Reduced
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Property Description
717 Laurel Street is currently a single tenant building comprised of approximately 5,550 sf of ground floor retail space with +/-1,800 sf of additional mezzanine space. Value can be added by re-tenanting and possibly demising it down for multiple retail units. The building will also be available for an owner/user to occupy when the current tenant's lease expires in July 2026. San Carlos is undergoing tremendous development which will make the property a solid long term investment. The City has permanently closed this section of the street to vehicular traffic and has a vision to transform the 700 block of Laurel Street into a public plaza, thereby paving the way for a more vibrant and pedestrian-friendly downtown.
Full Property Details
Full Property Details for 717 Laurel St
General
- Price: $4,500,000
- Status: Active
- Type: Retail
- Source: RE_Infolink
- MLS ID: ML81992151
- Updated: 4/29/2026
- Added to Site: 455 day(s) ago
Business
- Business Type: Retail
Rental Information
- Complex Features: Front Sign, Restroom(s), Showroom
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Parking Features: Parking Area
Location
- County: San Mateo
- Cross Streets: Cherry Street
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Forced Air)
Utilities
- Sewer: Public Sewer
- Water: Individual Water Meter
- Utility Description: Individual Electric Meters
- Metering: Separate Electric, Separate Water
Structural Information
- Foundation: Concrete Slab
- Roof: Other
- Disability Access: Other
- Square Feet: 5,550
- Year Built: 1951
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Acres): 0.1664
- Minimum Lot Size: 7250
- Lot Size (Sq. Ft.): 7,250
- Present Use: Retail
- Zoning: MU-DC
Disclosures and Reports
- Restrictions: None
Listed by Kinghorn Commercial Properties, Randy Kinghorn
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Schools
Schools serving 717 Laurel St
School Districts:San Carlos Elementary School District, Sequoia Union High School District
| Name | Grades | Distance |
|---|---|---|
Brittan Acres Elementary School 2000 Belle Avenue, San Carlos, CA 94070 | K-3 | 0.7 mi |
Central Middle School 757 Cedar Street, San Carlos, CA 94070 | 6-8 | 0.3 mi |
Sequoia High School 1201 Brewster Avenue, Redwood City, CA 94062 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 717 Laurel St
Date
Details
Price
Change
Source
4/29/2026
Price Reduced
$4,500,000
-6.25%
MLS
6/25/2025
Price Reduced
$4,800,000
-9.43%
MLS
1/29/2025
Listed
$5,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 717 Laurel St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$48,327
1%
$4,189,711
2%
2024
$47,936
4%
$4,107,561
2%
2023
$46,084
3%
$4,027,021
2%
2022
$44,937
1%
$3,948,060
2%
2021
$44,408
1%
$3,870,648
1%
2020
$44,032
1%
$3,830,960
2%
2019
$43,566
3%
$3,755,844
2%
2018
$42,465
1%
$3,682,200
-14%
2017
$42,023
266%
$4,300,000
372%
2016
$11,476
—
$911,500
2%
2015
$11,436
3%
$897,810
2%
2014
$11,117
2%
$880,224
—
2013
$10,890
—
$876,247
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 717 Laurel St
717 Laurel St, San Carlos, CA 94070 (MLS# ML81992151) is a Retail property. 717 Laurel St is currently listed for $4,500,000 and was received on January 29, 2025. Want to learn more about 717 Laurel St? Do you have questions about finding other Retail real estate for sale in San Carlos? You can browse all San Carlos real estate or contact a Coldwell Banker agent to request more information.

