1482 S Main St, Milpitas, CA 95035

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Building Details:

• Year Built: 1984

Established multi tenant automotive repair facility and office showroom with stable tenants and limited management responsibility. Subject property is zoned R4-TOD and is situated on 71,873 square feet of land with approximate 26,440 square feet of building area within three buildings. The property is 100% leased with terms less than 18 months. Current NOI $214,529. The site is Transit Oriented, High Density Multi-family residential which allows for a maximum of 60 units per acre. This Investment offers a prospective investor a stable and secure investment opportunity with the upside potential to either increase below market rents or redevelop as a high density residential complex. Contact City Planning for detail.
Motivated seller.