Courtesy of Compass, Rick Bell.

2560-2574 Lafayette St Santa Clara, CA 95050
$4,998,000
  • beds
  • 0 baths
  • 18,515 sq ft

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Helen Chong

Helen Chong

Founder

DRE# 01700495

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.

Property Details & Features

Property Type
  • Commercial Income
Year Built
  • 1951
Listing
  • Source: MLSListings
  • Listing date: 2021-03-01 12:25:41
  • None
Disability Features
  • None
House
  • 18,515 structure square feet
  • 18,515 net leasable square feet
  • 14,812 warehouse square feet
  • Built in 1951
  • 3 buildings
  • Age: 70
  • 6 minimum units in complex
Cooling
  • Other
Foundation
  • Concrete Slab
Garage
  • Other
Water
  • Public
Heating
  • Other
Interior Features
  • Minimum ceiling height: 14
Location
  • County: Santa Clara
Lot
  • 0 yard square feet
  • Lot is 1.2394628099174 acres
Tenant Pays
  • Utilities – Electric
  • Other
Miscellaneous
  • Business name: Multiple Tenants (5)
  • Total expenses: 4735
Parking
  • 50 parking spaces
Property
  • Zoning: MH
Roof
  • Tar and Gravel
Security System
  • Other
Taxes
  • Annual tax amount: $4,735
Utilities
  • Other
  • Separate Electric
Sewer
  • Sewer Connected

Listings last updated on May 16, 2021 3:04PM.

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Contact Details

Telephone:

(408) 800-5478

Address:

1900 Camden Ave, San Jose, CA 95124