200 Blossom Ln - Loft/Creative Space FOR SALE


Mountain View, CA 94041- Downtown Mountain View
$4,325,000 USD
650-520-4188
200 Blossom Ln, Mountain View, CA for Sale
$4,325,000 USD
Loft/Creative Space - FOR SALE
1/11
null | 7.05% Cap Rate

200 Blossom Ln
Mountain View, CA 94041
Downtown Mountain View


HIGHLIGHTS

  • Great location in downtown Mountain View, walk to Castro Street restaurants, Mountain View Transit Center and other amenities
  • Multiple suites with open plan buildouts, exposed ceilings and plenty of natural light
  • Elevator served with small floorplates ideal for tenants in a broad range of industries
  • Add value through lease up or control occupancy cost and reduce it by leasing excess space
  • Flexible zoning permits a variety of uses including office, retail and residential (with use permit)

OVERVIEW

Marcus and Millichap is pleased to present the opportunity to acquire this 7,949 square foot commercial building located in Downtown Mountain View. The property is elevator served and features 4 floors including a lower level. The upper-level suites feature open plans and exposed ceilings with plenty of natural light. Zoning permits a variety of uses including office, medical, retail and residential (on upper floors with a use permit). The location is in front of city lot 5 and is walking distance to Restaurants and amenities on Castro Street accessible via a pass through from the lot or Blossom Lane. Caltrain is accessible via the nearby Mountain View Transit center and there is easy access to highway 101, 85 and 237. Long-term permit parking is available in numerous city lots with lot 9 directly across the street on Hope Street. The property features market ready suites with small floorplates increasing the pool of potential tenants in a broad range of industries who may be looking to attract talented employees desiring an amenity rich environment like Castro Street. The property is ideal for an investor who can add value through lease up or an owner/occupant looking to control their cost of occupancy or reduce it by leasing excess space and preserving options for future growth if needed.

FOR SALE DETAILS

PRICE

$4,325,000 USD

PRICE/SF

$491 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

Downtown Precise Plan

APN/PARCEL ID

158-22-010

ASK ABOUT THIS PROPERTY

Bill AllenMarcus and Millichap Investment GroupMore Info
650-520-4188

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Bill AllenMarcus and Millichap Investment GroupMore Info
650-520-4188

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