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


Buyer Agency Compensation

2.5%

Listed by Compass, Rick Bell,
Listing Contact: 4088294853 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Martin Quintana shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Martin Quintana are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 10:03 PM UTC, 3/9/2024

 

 

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