ActiveCommercial · sale

2470 S Winchester Boulevard

Campbell, CA 95008

$2,975,000

  • 0.62 acres
  • Built 1980

Listed by Richard G. Matusich & Assoc., Inc. · MLS #ML82056218

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1980.

Property size

0.62 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

2470 S Winchester is an approx 062acre site currently improved wa multitenant office building The site has the potential to be redeveloped at a density of 100 dwelling units per acre due to its proximity to the VTA light rail The property is located less than 14 mile from a VTA light rail stop making it eligible for redevelopment under Senate Bill 79 The property is designated as a Tier 2 site and can be developed with a mixeduse project up to 65 feet in height it must have a minimum 30 residential floor area ratio Currently the building is 100 leased to 5tenants All of the tenants have leases or options that expire within the next 5years This provides an incredible opportunity to acquire a cash flowing asset below land value while pursuing development approvals The City has identified the property as a Housing Opportunity Site in its Housing Element update in 2023 This makes redevelopment of the site important to the city being able to meet their housing production requirements This site is less than 14 mile from the Winchester Station on the VTA Green Line It is 12 mile from the interchange of Highway17 San Tomas Expressway The property is a short commute to major employers in central San Jose as well as Los Gatos Santa Clara Cupertino

THE NEIGHBORHOOD

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2470 S Winchester Boulevard, Campbell, CA 95008

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1980
Cooling
CentralAir
Heating
Central
Zoning
TO-MU
Parcel
41202001
Annual property tax
$22,413.00
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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2470 S Winchester Boulevard, Campbell, CA 95008 · MLS #ML82056218

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Listing information

MLS #ML82056218 · California Regional MLS

Listing brokerage: Richard G. Matusich & Assoc., Inc.
Listing agent: Robbie Matusich

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.