27 S Main ST

27 Main Street, Milpitas, CA, 95035
$3,000,000

Basics

Date added Added 4 hours ago Category Type Status
Lot size 14720 sq ft Listing source MLSL MLS ID ML82022787

Description

  • Description:

    AS PER THE AI - 27 S MAIN STREET, MILPITAS 95035 - WITH THE ARRIVAL COURT / DROP-OFF ON S MAIN, RETAINING WALLS TERRACING THE PODIUM, POOL AND OUTDOOR LIVING DECKS IN THE CENTER, AND RETAIL AT THE STREET. HOW MANY UNITS CAN BE BUILT: LOT IS 14,720 SQ FT, 0.34 ACRES, ZONING: MXD - MIXED-USE / DOWNTOWN SPECIFIC PLAN, CURRENT ENTITLED CONCEPT ON FILE: 48 COMBINATION OF ONE, TWO AND THREE BEDROOM CONDO UNITS AND 1062 SQ FT COMMERCIAL + UNDERGROUND GARAGE. ALSO MARKETED AS PROPOSED CONSTRUCTION OF 7-STORY, 48 CONDO UNITS. IN MILPITAS METRO / GATEWAY-MAIN STREET SPECIFIC PLAN, THE CITY IS SUPPORTING HIGHER RESIDENTIAL DENSITIES AND BUILDING HEIGHTS NEAR TRANSIT, SO WITH DENSITY BONUS / AFFORDABLE OVERLAY, 48 UNITS IS THE BASE APPROVED CONCEPT, UP TO 50-60 UNITS POSSIBLE IF YOU MAX OUT STATE DENSITY BONUS ON THIS 0.34AC MXD SITE..

Location

  • County: Santa Clara

Building Details

  • New construction: No

Amenities & Features

  • Waterfront: No
  • Garage: No
  • Attached garage: No
  • Fireplace: No
  • Private pool: No
  • Utilities: Public Utilities, Water - Public

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