1793 Lafayette Street
Santa Clara, CA 95050
0.67 acres | #ML81995434
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.
Property Details
- Sewer InformationPublicSewer
- CountySanta Clara
- Original List Price$6,500,000
- MLS #ML81995434
- MLS #ML81995434
- Property TypePurchase
- Cost6500000
- Utility SourcePublic
- School DistrictOther
- Acres0.67
- Property SubtypeLand
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Stephen Thaddeus Wawryk (#ML5093371)
Listing Office: KW Bay Area Estates (#ML89184)
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