Open-Plan Retail
For Sale
Contact for pricing
1156 Arroyo AVE, San Carlos, CA 94070
A private office, restroom, and laundry/kitchenette complement the flexible main area.
Property Size575 SF
Price / SF$4.13
Days on Market187
Property Features for 1156 Arroyo AVE
General Information
Standard status
Active
Size
575 SF
Building Details
Year Built
1960
Listing Agency:
Compass
Listed By:
Guy Giuffre · License #1393931
(831) 566-5430
Source:
Giuffreproperties
Added: Apr 28
Changed: Oct 28
Last Checked: Oct 28 at 3:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 575-square-foot retail space has an open main area, one office, one bathroom, and a laundry/kitchenette area. The interior previously accommodated hair salon and beauty services. Built in 1960, the property offers a compact layout with a mix of open and enclosed spaces.
The space is at 1156 Arroyo Ave in downtown San Carlos, between El Camino Real and Laurel St. Its configuration includes an open area suited to flexible use, alongside the office and service areas.
The space is at 1156 Arroyo Ave in downtown San Carlos, between El Camino Real and Laurel St. Its configuration includes an open area suited to flexible use, alongside the office and service areas.
Key Highlights
- 575‑square‑foot retail space
- Open main area with no interior walls
- One office and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,684
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,680
$293.7K
Cap Rate 7%
$209,771
$209.8K
Cap Rate 9%
$163,156
$163.2K
Market Conditions
NOI Build-Up for 575 SF
Gross rent
$22.0K $38.28/SF
− Vacancy
−$1.0K −$1.80/SF
EGI
$21.0K $36.48/SF
− OpEx
−$6.3K −$10.94/SF
NOI
$14.7K $25.54/SF
Area
San Mateo County, CA
Vacancy
4.70%
Lease Rate
$38.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,680
Cap Rate 7%
$209,771
Cap Rate 9%
$163,156
Alternative Uses
Best Use
Retail
$209.8K
$183.6K – $244.7K
NOI $14,684 @ 7.0% cap · market cap 618.27%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$456.7K
$399.6K – $532.9K
NOI $31,971 @ 7.0% cap · market cap 1,346.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,963
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 44%
Shell
Shops & Services
18,104 visits/mo
0.2 miles
Jack in the Box
Dining
16,149 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
5,345 visits/mo
0.4 miles
Round Table Pizza
Dining
1,444 visits/mo
0.4 miles
Boba Guys
Dining
709 visits/mo
0.1 miles
Demographics for 94070, CA
31,585
Population
11,958
Households
2.6
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
6.1 sq mi
ZIP Area
5,178
Density / Sq Mi
$235,373
Median Household Income
$118,194
Median Earnings
$2,802
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A private office, restroom, and laundry/kitchenette complement the flexible main area.
Where is this retail space located?
The property is located at 1156 Arroyo AVE San Carlos, CA.
What are key features of this property?
This property features: 575‑square‑foot retail space; Open main area with no interior walls; One office and one bathroom
