Sold
2560-2574 Lafayette ST
SANTA CLARA CA, 95050
$3,930,000
$212.26 per sqft
Sold
18,515 sqft
Commercial
Built in 1951
Listed by Compass, Rick Bell, Listing Contact: 4088294853
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.
ML81831900
MLSⓇ ID
March 9, 2024
Updated
Map
2560-2574 Lafayette ST
SANTA CLARA CA, 95050
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.24 Acres
Roof
Tar/Gravel
Other Property Details
Area Name
Santa Clara
Garage
No
Parking Total
50
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
MH
Listed by Compass, Rick Bell,
Listing Contact: 4088294853
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Data last updated 10:03 PM UTC, 3/9/2024