770 El Camino Real, San Carlos, CA 94070

$3,995,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,995,000
Status
ACTIVE
MLS#
ML82054858
Year Built
1946
Lot Size
14,541
Acres
0.33
Days on Market
7
Property Type
Commercial

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.

Additional Information

Taxes
$50,000
Cooling
Yes
Cooling Description
Central Air, Gas
Roof
Composition
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$342,942

Listing courtesy of Listing Agent: Andrew Guglielmi (andrew@scpropsm.com) from Listing Office: SC Properties.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.