$1,100,000
About this home
Permitted use: warehouse, distribution, public utility, vehicle repair, services, sales and leasing, industrial research and development use, vehicle storage; recycle facilities; caretaker's residence Conditional use permit for large format retail, vehicle service station, gas station, energy/hy station. car dealers, vehicle fleet-based service, MCS to Auto Broker, custom and artisan manufacturing; parcel hub Prime Location: Located in the heart of Silicon Valley and within Milpitas Midtown Specific Plan (high priority) Highly Desirable Neighborhood: Next to Milpitas main Library and Valley Medical Center POSSIBLE RE-ZONE back to R3B(1.5years leadtime): MAX 9 units, 3-story, 4435 SF per story (per old plan): Possible professional clinic office, retails, showroom, restaurants or OEM/branch/sales office and 2nd and 3rd floor are perfect for big family or 3 individual condos. Convenient Access: Just minutes away from downtown, FWY 880/237/680 Strong Economy: Milpitas is home to a strong economy, with a low unemployment rate and a high median income. The city is a major center for high-tech industry and is home to many Fortune 500 companies.
Facts & features
- Bathrooms
- 0
- Lot size
- 0.45 acres (19,602 sq ft)
- Area
- 699 - Not Defined
- County
- Santa Clara
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 371
- Listed
- 2025-05-06
- Original price
- $1,500,000
- Parcel #
- 02207007
- MLS #
- ML82005680
