160 W Main St - Freestanding FOR SALE


Los Gatos, CA 95030- Edelen District
$6,300,000 USD
650-701-5590
160 W Main St, Los Gatos, CA for Sale
$6,300,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

160 W Main St
Los Gatos, CA 95030
Edelen District


HIGHLIGHTS

  • Exceptionally rare opportunity in the heart of Downtown Los Gatos
  • Trophy investment located in one of Silicon Valley's most prestigious and supply-constrained markets
  • Marquee building with Iconic street presence- highly visible, high-profile asset featuring premier frontage and curb appeal in a high-traffic location
  • Gorgeous facade and architectural design- historic Renaissance Revival architecture
  • Ultra-High barrier-to-entry- Los Gatos is one of the most land- and entitlement constrained towns in the Bay Area, supporting long-term rent growth
  • Strong Silicon Valley demographics- property is surrounded by some of the highest-income households in Northern California

OVERVIEW

The S&T Group of Marcus & Millichap is pleased to present 160 West Main Street, an exceptionally rare opportunity to acquire a trophy, multi-tenant mixed-use asset in the heart of Downtown Los Gatos, one of Silicon Valley’s most affluent and supply-constrained retail corridors. This ±7,000 square foot, three-unit property is a historic Renaissance Revival structure featuring a red clay tile roof, arched windows, and an irreplaceable Main Street presence. The site was recognized for nearly 75 years as Los Gatos’ “Banking Corner,” highlighting its enduring significance within the Downtown core. Situated along West Main Street, the asset benefits from exceptional visibility, strong pedestrian traffic, and proximity to Los Gatos’ premier restaurants, boutiques, and lifestyle amenities. Downtown Los Gatos is characterized by ultra-high barriers to entry, limited new supply, and consistently strong tenant demand driven by affluent demographics and destination retail. 160 W Main Street offers a diversified rent roll with a combination of long-term tenancy and near-term leasing flexibility, providing investors the opportunity for stable in place cash flow with embedded upside through future rent growth and lease optimization. Surrounded by some of the highest household incomes in Northern California, the area continues to attract high-quality retail, dining, and service operators. The combination of historic character, irreplaceable location, and durable market fundamentals positions 160 West Main Street as true core Silicon Valley real estate. This offering is ideally suited for 1031 exchange buyers, private capital, and legacy investors seeking long-term appreciation, capital preservation, and ownership of a generational Main Street asset.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$900 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

EXCEPTIONALLY RARE DOWNTOWN LOS GATOS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2

APN/PARCEL ID

529-03-020

ASK ABOUT THIS PROPERTY

Yuri Sergunin, CCIMThe S&T Group | Marcus & MillichapMore Info
650-701-5590

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Yuri Sergunin, CCIMThe S&T Group | Marcus & MillichapMore Info
650-701-5590

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.