MLS® ID: ML81735406
1525 San Carlos AVE
SAN CARLOS, California, 94070 $6,400,000
Here is a rare mixed-use development opportunity in the mid-Peninsula of the San Francisco Bay Area! Located a few blocks from San Carlos downtown, the property sits on 13,000 sq ft of vacant level land. The property is entitled for 18 condominium units and one ground floor commercial unit. The approved plans call for a four-story, 50 ft building with three stories of residential units over commercial space and parking on the first floor. The residential mix is three 1-bedroom, nine 2-bedroom, and six 3-bedroom condominium units, ranging from 860 sq ft to 1545 sq ft, and with a total living area space of 20,565 sq ft. The first floor's proposed area of 10,164 sq ft provides for one commercial space and parking for 32 standard vehicles and 8 bikes. Tentative map certificate issued January, 2019.