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$1,299,000 -$100,000 (-7.15%) Price Reduced
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Property Description
Excellent investment opportunity in the sought after Laureola Park neighborhood of San Carlos. This well maintained single story office, retail and industrial property offers approximately 2,009 square feet of flexible commercial space on a 4,678 square foot lot and includes two separate suites ideal for investors or future owner users. Unit 932 is currently vacant, newly remodeled, and ready for immediate occupancy, while Unit 934 is occupied by long term HVAC and contracting tenants on a flexible month to month lease. Each suite features a private entrance, interior office build outs, a wet bar, two rooms, and one half bath, with a connecting door that allows both spaces to be combined if desired. The property offers seven on site parking spaces with three in front, two along the side, and two at the rear, and benefits from a prime location between Holly Street and Brittan Avenue just minutes from the San Carlos Caltrain station, El Camino Real, Industrial Road, and Highway 101.
Full Property Details
Full Property Details for 932 Terminal Way
General
- Price: $1,299,000
- Status: Active
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML82029152
- Updated: 2/2/2026
- Added to Site: 54 day(s) ago
Rental Information
- Complex Features: 1 Restroom per Unit, Manager's Office
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Uncovered Parking
Location
- Area: Clearfield Park / N Redwood Subdiv
- County: San Mateo
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Individual Water Meter
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Other
- Roof: Other
- Disability Access: None
- Square Feet: 2,000
- Office: 2,000 Sq. Ft.
- Warehouse: 2,000 Sq. Ft.
- Year Built: 1958
Lot Features
- Lot Size (Acres): 0.1085
- Minimum Lot Size: 4725
- Lot Size (Sq. Ft.): 4,725
- Present Use: 2nd Unit Possible, Office, Vacant
- Zoning: PM0001
Disclosures and Reports
- Restrictions: None
Listed by CENTURY 21 Masters, Hamza Mabrouk
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Schools
Schools serving 932 Terminal Way
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 | 1.1 mi |
Central Middle School 757 Cedar Street, San Carlos, CA 94070 | 6-8 | 0.7 mi |
Sequoia High School 1201 Brewster Avenue, Redwood City, CA 94062 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 932 Terminal Way
Date
Details
Price
Change
Source
2/02/2026
Price Reduced
$1,299,000
-7.15%
MLS
12/11/2025
Listed
$1,399,000
—
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 932 Terminal Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,527
2%
$86,731
2%
2024
$2,487
3%
$85,032
2%
2023
$2,417
1%
$83,366
2%
2022
$2,394
2%
$81,732
2%
2021
$2,338
2%
$80,131
1%
2020
$2,288
6%
$79,311
2%
2019
$2,151
3%
$77,757
2%
2018
$2,090
3%
$76,233
2%
2017
$2,039
3%
$74,739
2%
2016
$1,972
—
$73,274
2%
2015
$1,969
8%
$72,175
2%
2014
$1,823
6%
$70,762
—
2013
$1,725
—
$70,443
—
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 932 Terminal Way
932 Terminal Way, San Carlos, CA 94070 (MLS# ML82029152) is a Industrial property. 932 Terminal Way is currently listed for $1,299,000 and was received on December 11, 2025. Want to learn more about 932 Terminal Way? Do you have questions about finding other Industrial 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.

