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    Leased Medical Office Building Title is generated by Realmo AI

    987 Laurel Street, San Carlos, CA 94070

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    For Sale
    $1,400,000

    Medical office building with a vet-tenant lease through 12/31/2026 in a MU-N-50 mixed-use zone.

    Type:Lots/Land
    Added:
    Apr 23, 2026
    Days on Market:
    74
    Last Refresh:
    Jul 1 at 6:35 am

    Property Features for 987 Laurel Street

    General Information

    Standard status
    Active
    Property subtype
    Lots/Land

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    Alexander Kent

    Listing office Compass

    Listing date Apr 23, 2026

    Source Exitrealty

    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

    HighLights

    • Medical office building leased to a major Vet chain through 12/31/2026.
    • MU‑N‑50 mixed‑use zoning allows up to 50 residential units per net acre for residential development.
    • Broad permissible use list includes medical office and business/professional office, plus multi‑unit residential and residential care (limited).
    • Additional allowed uses include family childcare (small and large), day care, instructional/schools (CUP), community assembly (minor use permit), and social service (CUP).
    • Also permitted with approvals: restaurant (CUP), convenience store (CUP), pet grooming (5), bank/financial services (MUP), and business services (9).
    • Buyer is advised to confirm permissible uses with the city planner and an architect.

    Overview

    This property is a medical office building leased to a major veterinary chain through 12/31/2026. The building is positioned for owner-users and investors seeking a current medical office setup, with a broad permitted-use framework that can also support non-medical and residential-related alternatives as described by the provided zoning and use information.

    The site is zoned MU-N-50, a neighborhood-mix environment that allows retail, commercial, and office uses as well as residential development of up to fifty (50) units per net acre. Permissible uses listed include multi-unit residential, family childcare (small and large), residential care (limited), community assembly (minor use permit), cultural uses (MUP), day care, instructional uses and schools (CUP), social service (CUP), and pet grooming. Additional listed uses include bank and financial services (MUP), business services (9*), restaurant (CUP), convenience store (CUP), food prep, business and professional office, medical office (9*), and personal service.

    The lease is scheduled to end 12/31/2026, and the property may be evaluated by buyers for either continued medical/office use consistency or redevelopment planning. The provided remarks note the need to confirm feasibility with a city planner and architect, including how any redevelopment would align with city and state pro-housing requirements.
    Location Intelligence

    Current Use by Public Records

    Animal Dental Clinic Veterinary Clinic Animal Dental Clinic: ... Veterinary Clinic

    Suggested Use

    Bed & Breakfast Tattoo & Piercing Shop Supermarket Fish Market (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Restaurant (Bike/Boat/Book/etc) Store Coworking & Hybrid Office

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Animal Dental Clinic — 987 Laurel St, San Carlos, CA 94070
    • Animal Dental Clinic: Mincheff Cristine DVM — 987 Laurel St, San Carlos, CA 94070
    • PetSmart Veterinary Services San Carlos — 1225 Industrial Rd, San Carlos, CA 94070
    • Bow Wow Meow — 737 Laurel St, San Carlos, CA 94070
    • VCA San Carlos Animal Hospital — 718 El Camino Real, San Carlos, CA 94070

    Location Insight

    • Map
    • Local Demand
    City
    San Carlos
    County
    San Mateo
    State
    California
    Longitude
    -122.255037
    Latitude
    37.501537

    FAQs

    What type of property is this?
    Medical Office Space - Medical office building with a vet-tenant lease through 12/31/2026 in a MU-N-50 mixed-use zone.
    Where is this medical office space located?
    The property is located at 987 Laurel Street San Carlos, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Medical office building leased to a major Vet chain through 12/31/2026.; MU‑N‑50 mixed‑use zoning allows up to 50 residential units per net acre for residential development.; Broad permissible use list includes medical office and business/professional office, plus multi‑unit residential and residential care (limited).
    More about this property
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