27 S Main ST, Milpitas, CA 95035
- $3,000,000
Listed by Frank Liu, 408-313-2688 from Alliance Bay Realty
(If provided) CoList: from
- List Price
- $3,000,000
- MLS#
- ML82022787
- Status
- ACTIVE
- Zoning
- MXD
- Lot Size
- 14,720
- Neighborhood
- Milpitas
Property 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..
Additional Information
- Acres
- 0.34
- Development Status
- Design Review Required
- Fence
- Other
- Lot Description
- Other
- Lot Size
- 14,720
- Neighborhood
- Milpitas
- Other Utilities
- Public Utilities
- Parcel Access
- Accessible
- Present Use
- Bare Land
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- MXD
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