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$ 6,500,000
Est. payment | /mo
22,659 SqFt
$ 6,500,000
Est. payment | /mo
22,659 SqFt
Key Details
Property Type Single Family Home
Sub Type Other Residential
Listing Status Active
Purchase Type For Sale
Square Footage 22,659 sqft
Price per Sqft $286
MLS Listing ID ML81995430
Year Built 1936
Lot Size 0.670 Acres
Property Sub-Type Other Residential
Property Description
22,551 SqFt Office Building Conversion Opportunity to Residential: Live/Work, Apartments, Co-Living, or Condos up to 24 units | 270,833 per unit. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this space resides within a thriving community with nearby amenities and parks. Recent upgrades to the building include a new roof and a 36 kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. The owner/user tenant can occupy approximately 15,000 sq ft or the entire second floor. Rents and home prices continue to climb, with demand for new townhomes, apartments, and condos evident in an ever-growing Silicon Valley. The property is designated for medium-density residential use in the General Plan, allowing for 20-36 DU/acre. Per Planning department conversations, you can show plans to get the building up to residential code and then convert the building for residential use. Buyers are to verify current zoning/building requirements/restrictions with the City of Santa Clara building department.
Location
State CA
County Santa Clara
Area Santa Clara
Zoning Medium Density Residential
Rooms
Family Room Other
Dining Room Other
Interior
Heating Other
Cooling Central AC
Exterior
Parking Features Common Parking Area, Guest / Visitor Parking
Garage Spaces 45.0
Utilities Available Public Utilities, Solar Panels - Owned
Roof Type Other
Building
Story 2
Foundation Other
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 224-29-021
Horse Property No
Special Listing Condition Not Applicable
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Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates