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Rare opportunity to own a highly desirable mixed-use property in the heart of San Carlos! This ±9,947 SF building offers an ideal blend of retail and office space, strategically located near US-101 and just moments from vibrant downtown San Carlos. The property features two ground-floor retail suites, including Mountain Mike's Pizza, a nationally recognized brand, occupying one space under a long-term lease that provides a stable income stream. The second retail space, along with the office component, offers additional upside potential for investors and owner-users alike. The property has been exceptionally well maintained and reflects true pride of ownership. Recent capital improvements include a complete replacement and restriping of the rear parking lot as well as a full resealing of the barrel roof section, reducing near-term capital needs for a future owner. With ample parking located behind the building, excellent visibility, and a premier location that benefits from both strong vehicle traffic and proximity to downtown San Carlos, this property presents an outstanding investment opportunity. Don't miss the chance to acquire a quality mixed-use asset in one of the Peninsula's most sought-after commercial markets.
Listing agent: Andrew Guglielmi DRE #01852584 andrew@scpropsm.com, Listing office: SC Properties
MLS data updated 10/27/2026, 10:00:16 AM PT
Source: CRMLS, MLS #: ML82054858
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 20, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,995,000Original asking price · Jul 20, 2026ZIP 94070 · Jul 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.