730 Central Ave - Auto Repair FOR SALE


Mountain View, CA 94043- Outer Mountain View/Los Altos
$2,250,000 USD
650-888-7696
730 Central Ave, Mountain View, CA for Sale
$2,250,000 USD
Auto Repair - FOR SALE
1/21
null | Request Cap Rate

NEW


730 Central Ave
Mountain View, CA 94043
Outer Mountain View/Los Altos


HIGHLIGHTS

  • Walking Distance to Downtown Mountain View (0.3 miles)
  • Vacant Owner/User Opportunity with Approved Development Opportunity (21-unit Multifamily project)
  • Within 1/2 mile from from Major Transit (Caltrain & VTA)
  • Site amenities include: 10 Parking Spaces, four (4) Garage Doors, Two Separate Restrooms, and Large Side Yard

OVERVIEW

For additional information please contact Cole Simpson at Cole.Simpson@marcusmillichap.com or 650-391-1735. 730 Central Ave is a stunning value-add owner/user property with redevelopment opportunity located in the thriving city of Mountain View, CA. With a lot size of approximately 0.24 acres, the subject land parcel currently consists of a vacant retail building. The subject parcel offers prime exposure nearby Downtown Mountain View. 730 Central Ave features favorable CRA zoning, allowing for various commercial or residential development. 730 Central Ave is located in the city of Mountain View in the South Bay's Santa Clara County. This well-positioned market rests directly below Palo Alto, one of the strongest residential markets in all of California. The city of Mountain View has been credited with many of the new technologies and markets originating in Silicon Valley. While leading the region in innovation and ideas, Mountain View harbors some of the nation’s top tech employers including Google, Microsoft, LinkedIn, Symantec, and Intuit to name a few. In addition to the stunning Googleplex, (Google Headquarters) located only 2 miles away, the subject property is also located within walking distance to Downtown Mountain View (0.3 miles) and San Antonio Shopping Center (2.4 miles). Downtown Mountain View and Castro Street play a unique role within the community and offer more than 20 retailers and 70 restaurants. The downtown area boasts the City Civic Center and Center of Performing Arts landmark, providing a myriad of high-end dining, shopping and entertainment options. The investment appeal of this asset is driven by Mountain View’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 730 Central Ave presents an attractive choice for investors due to its exceptional redevelopment plan, close proximity to major employers, transportation corridors, as well as its extensive dining, shopping, and entertainment options.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$445 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

*CRA

APN/PARCEL ID

158-45-001

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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