MEDICAL OFFICE
FOR LEASE
ZONING
MU-D-120 Mixed-Use Downtown – San Carlos
Veterinary Services, Medical, Dental, Hospital, Funeral Parlor, Office.
Classes Instructional (not schools), Commercial Recreation, Family Day Care, Assembly, Church, Faith-Based, Cultural, Grooming and Pet Services, Public Safety.
Retail, Bar, Restaurant, Convenience Store Grocery, Food Preparation, Garden Center, Personal Services, Spa, Massage, Bank, Business Services.
Multi Family Residential (up to 120 units per acre), Bed and Breakfast, Hotel, Nursing Home (2nd Fl).
https://www.codepublishing.com/CA/SanCarlos/html/SanCarlos18/SanCarlos1805.html#18.05
Existing Vet Medical was built out 11/16/2011 by VCA that recently consolidated two San Carlos locations down to one on Industrial Rd. Landlord reserves the right the reject any and all offers.
Housing Developers:
MU-90-120 units per acre (dark purple) in General Plan. MU-D-120: Mixed-Use Downtown Zoning Code.
I’d project that we can get 5 stories with 40 units and 15 parking spots, and a 1,600 sf retail space on Laurel, based on the on General Plan’s 90-120 Units/Acre designation for your property, and also on the benchmark of 626 Walnut.
If you were to leverage the State Law, AB 2097 – No More Minimum Parking Requirements Near Major Transit, perhaps you get more residential units and more retail lease space.
MU-90-120 units per acre. If 626 Walnut can get the density in the attached photo being in the light purple General Plan of 70-100 units per acre, then this property at 501 Laurel should be able to get more density and thus at least 40 units on this 1/3 acre land parcel.
Purchased in 2016 for $5M.
Landlord reserves the right to reject any and all offers.
Alexander Kent
Compass
