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.