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Listed by Matthew Thomson • Compass
$3,300,000
Est. payment /mo
14,375 SqFt
UPDATED:
02/08/2025 01:12 AM
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 14,375 sqft
Price per Sqft $229
MLS Listing ID ML81992249
HOA Y/N No
Originating Board Datashare MLSListings
Lot Size 0.330 Acres
Property Sub-Type Comm Lots and Land
Property Description
Compass Commercial is pleased to present a unique investment opportunity in the heart of Silicon Valley located at 55 Saratoga Avenue in the City of Santa Clara, California. The Property consists of a 0.33-acre (14,374 square feet) parcel that is currently home to a specialty self-service car wash but offers significant potential for redevelopment. Recent upzoning to Mixed-Use Community Commercial (MU-CC) expands the propertys allowable uses, making it an attractive option for investors, developers, or owner-users. Prime Silicon Valley Location High-visibility site near major tech hubs (Apple, Google, NVIDIA) in a thriving commercial corridor. Redevelopment Potential Zoned MU-CC, allowing for mixed-use, residential, or commercial development. Immediate Income Opportunity Currently operating as a specialty self-serve, car wash with stable revenue. Ideal for Car Wash Owner-Operator with attractive SBA Financing options available. Strong Market Fundamentals Located in a high-demand area with robust job growth, affluent demographics, and surrounded by new redevelopment. Excellent Connectivity Easy access to I-280, US-101, and Caltrain, supporting future transit-oriented development. Ideal for Car Wash Owner-Operator with attractive SBA Financing options available.
Location
State CA
County Santa Clara
Interior
Fireplace No
Building
Lot Description Level
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