$6,500,000
For Sale

1793 Lafayette Street

Santa Clara, CA 95050
22659 sqft | 0.67 acres | #ML81995430
Listing OfficeKW Bay Area Estates
Browse 12 photos
Type:Purchase
Structure:House
Zone:Residential

Description

22,551 SqFt Office Building Conversion Opportunity to Residential: Live/Work, Apartments, Co-Living, or Condos - 27 units or more | 240,740 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
      • Property SubtypeResidential
      • Original List Price$6,500,000
      • MLS #ML81995430
      • MLS #ML81995430
      • Property TypePurchase
      • Cost6500000
      • Utility SourcePublic
      • Square Feet22659
      • School DistrictOther
      • Acres0.67
      • Year Built1936
      • Parking Spaces45
      • Stories2

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman

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