22,551 SqFt Office Building Conversion Opportunity to Residential: Live/Work, Apartments, Co-Living, or Condos up to 27 units | 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
Price:
$6,500,000
MLS #:
ML81995434
Status:
Active
Baths:
0
Address:
1793 Lafayette Street 22429021
Type:
Land
Neighborhood:
699notdefined
City:
Santa Clara
Listed Date:
Feb 25, 2025
State:
CA
ZIP:
95050
Lot Size:
29,185 sqft / 0.67 acres (approx)
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- Address1793 Lafayette Street 22429021 Santa Clara CA
- Area699 – Not Defined
- CitySanta Clara
- CountySanta Clara
- Zip Code95050
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1793 Lafayette Street 22429021
Santa Clara, CA
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