New Development Opportunity in the Heart of Silicon Valley: 1793 Lafayette St offers a rare opportunity for the astute Investor to acquire a 29,185 SqFt lot and an income-generating office asset with significant development potential. The property is designated for Medium Density Residential use in the General Plan, allowing for 20-36 DU/acre. Recent upgrades to the building include a new roof and a 36kW photovoltaic solar system, complemented by Silicon Valley Power, which ensures low energy costs. There is also the option for an owner-user to occupy approximately 15,000 SqFt or the entire second floor. Conveniently located less than a 10-minute drive from San Jose Mineta International Airport and Santa Clara Square Marketplace, this property allows both International and Domestic investors to commute easily while enjoying nearby amenities. Buyer to verify current zoning/building requirements/restrictions with City of Santa Clara building dept.
Listing provided courtesy of Stephen Thaddeus Wawryk of KW Bay Area Estates. Last updated 2024-09-14 08:22:16.000000. Listing information © 2024 CRMLS.