1793 Lafayette Street

Description

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 information courtesy of: Stephen Thaddeus Wawryk, KW Bay Area Estates 415-347-1658. *Based on information from the Association of REALTORS/Multiple Listing as of 12/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.