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Listed by Raymond Hong Vo • Hong Vo, Broker
$3,330,000
Est. payment /mo
18,295 SqFt
Active
50 Serra Way Milpitas, CA 95035
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Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,295 sqft
Price per Sqft $182
MLS Listing ID ML81992936
HOA Y/N No
Originating Board Datashare MLSListings
Lot Size 0.420 Acres
Property Sub-Type Comm Lots and Land
Property Description
The property is a 0.46 acre infill residential development opportunity, directly off W Calaveras Blvd located between S Abel St and S Main St in Milpitas. The property is in the Milpitas Gateway Main Street Specific Plan MGSP, formerly known as the Midtown Specific Plan MSP. A variety of uses are allowed in this general land use designation, including entertainment, retail, commercial, residential, civic, cultural, office, and high-density mixed use residential in a compact, walkable, and unique centralized setting. The City may consider opportunities to waive commercial requirements in mixed use areas for 100% affordable projects that increase the affordable housing stock within Milpitas for very low income and low income categories. Extremely strong demographics with household incomes in excess of $171,494 in a 1-mile radius. Immediate access to Highway 880 and 680.
Location
State CA
County Santa Clara
Interior
Fireplace No
Building
Lot Description Regular
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