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Property profile & analytics
OFF-MARKET Estimated value $545,000
Retail space

1156 San Carlos Ave San Carlos, CA 94070-2418

2,000 SF 0.05 ac lot Built 1945
Trust Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US09-1586591
Property summary
AI-generated overview

This exceptional 1,925-square-foot retail space is ideally situated in the vibrant heart of San Carlos' downtown area. Built in 1945, this single-story, single-tenant building offers a blank canvas for a variety of retail concepts. The open layout provides flexibility for customization, making it suitable for a wide range of businesses, from coffee shops and bookstores to clothing stores and boutiques. The property features large storefront windows, ensuring maximum visibility and attracting significant foot traffic. The zoning designation is MU-DC-100. The building's total square footage is 1,925 square feet, with the entire space currently vacant. The property is identified by Assessor's Parcel Number (APN) 050-074-140. This presents a unique opportunity to establish a thriving retail presence in a high-demand location. The tenant improvement allowance is negotiable. This property is a single building on a single story. Serious inquiries are encouraged to explore this exciting opportunity further. The property's location within the bustling San Carlos downtown guarantees high visibility and accessibility for potential customers. This is a rare chance to secure a prime retail location in a thriving community.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1945
Total area 2,000 SF
Lot 0.05 ac (2,000 SF)
APN 050-074-140
UPID US09-1586591
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carlos Lighting Company (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k
Owner & transaction history
Chen Family Trust · 5 yrs held
Chen Family Trust
since 2020
2 recorded transactions
2020
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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