Address
2560-2574 Lafayette ST Santa Clara, CA
Price
$ 4,998,000
Property Attributes
  • MLS#ML81831900
  • TypeCommercial
  • CountySANTA CLARA
  • CitySanta Clara
  • AreaSanta Clara
  • Zip95050
  • Style
  • Price$ 4,998,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18515
  • Lot Size1.24 Acres
Listing Provided Courtesy Of:
Rick Bell with Compass.
Data Source:
MLS Listings
Property Description

This industrial complex was initially constructed in 1951, has been developed to include 3 separate freestanding buildings and is currently 100% leased to 5 tenants with term & mo. to mo. rental agreements. Over the past several decades, the base of industrial buildings of this nature has been significantly reduced as these properties have been redeveloped to Residential, Retail & Office/R&D. Today, we generally find that the demand for buildings within this category exceeds the local supply. Given a relative low building to land coverage ratio of only 34%, this property provides for uncommon parking & outside material storage. Given that the 3 buildings have been demised into multiple units, this property may offer a prospective buyer the opportunity to occupy a portion of the complex, while collecting rent and with the objective of expanding over time. Located just off Central Expressway and with quick access to Highways 101 & 880, this is a very central Silicon Valley location.

Price History
3/1/2021 Listed $4,998,000

General Features

# of Buildings 3
Accessibility None
Age 70
Business Name Multiple Tenants (5)
City SANTA CLARA
City Limits (y/n) Yes
Cooling Other
County Santa Clara
Heating Other
Incorporated Y/n Yes
Listing Agent State License 01051633
MLS Area Santa Clara
Parking Features Other
Present Use Industrial, Warehouse
Property SubType Commercial Property
Property Type Commercial/Industrial
Restrictions None
Roof Tar and Gravel
Security Features Other
Special Listing Conditions Not Applicable
Status Active
Utilities Other
Virtual Tour https://vimeo.com/518215343/de0fa7cafb
Virtual Tour https://vimeo.com/518210052
Water Public
Year Built 1951
Zoning Text MH

Interior Features

Warehouse Sq Ft 14812

Exterior Features

Building Area Total 18515
Facilities Multi-Tenant Building, Storage
Foundation Details Concrete Slab
Lot Acres 1.2395
Lot Size Area 53991.00
Lot Size Units Square Feet
Maximum Lot Size 53991.00
Meters Separate Electric
Parking Spaces 50
Sewer/Septic Sewer Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95050

Price
AVG $5M
$5M
Visits
AVG 10
9
Year Built
AVG 1951
1951