$2,150,000
$2,199,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
2,199 Sqft Lot
SOLD DATE : 10/15/2026
Key Details
Sold Price $2,150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML82051339
Sold Date 10/15/26
HOA Y/N No
Year Built 1957
Annual Tax Amount $20,500
Lot Size 2,199 Sqft
Property Description
Exceptional opportunity to own a well-positioned, fully leased commercial office building offering approximately 4,000 square feet and immediate income potential. It is ideally located on one of the most vibrant and recognizable blocks of Laurel Street. This well-maintained two-story property features an inviting lobby with soaring ceilings, nine private offices, 4 restrooms, a storage room, and a utility room. Each floor is equipped with its own heating and air conditioning system. A rare investment opportunity, all current tenants are on month-to-month leases, providing immediate rental income while allowing a new owner the flexibility to implement their own vision for the property. Whether as a long-term investment, owner-user opportunity, or future redevelopment play, the possibilities are extensive. The property enjoys exceptional visibility and convenience just steps from popular restaurants, boutique shopping, Bianchinis Market, and a variety of downtown amenities. Ample parking is available on nearby side streets and in the adjacent City parking lot.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning OFC BLDG
Interior
Heating Central, Forced Air
Cooling Central Air, Gas
Fireplace No
Exterior
Roof Type Foam
Building
Story 2
Water Public
Others
Tax ID 050153090
Financing Conventional
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