Description
1793 Lafayette St, Santa Clara offers a rare opportunity for an owner/user to entitle the land for future residential development. 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. There is also the ability to work on entitlement plans for residential development while utilizing the space. Home prices continue to climb, with demand for new townhomes 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. Buyers should verify current zoning/building requirements/restrictions with the City of Santa Clara building department.
Description
1793 Lafayette St, Santa Clara offers a rare opportunity for an owner/user to entitle the land for future residential development. 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. There is also the ability to work on entitlement plans for residential development while utilizing the space. Home prices continue to climb, with demand for new townhomes 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. Buyers should verify current zoning/building requirements/restrictions with the City of Santa Clara building department.
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Listing courtesy of Stephen Thaddeus Wawryk of KW Bay Area Estates: .