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730 Central Ave 5,014 SF Retail Building Mountain View, CA 94043 $3,124,170 CAD ($623.09 CAD/SF)
INVESTMENT HIGHLIGHTS
- Walking Distance to Downtown Mountain View (0.3 miles)
- Within 1/2 mile from from Major Transit (Caltrain & VTA)
- Vacant Owner/User Opportunity with Approved Development Opportunity (21-unit Multifamily project)
- Site amenities include: 10 Parking Spaces, four (4) Garage Doors, Two Separate Restrooms, and Large Side Yard
EXECUTIVE SUMMARY
For additional information please contact Cole Simpson at Cole.Simpson@marcusmillichap.com or 650-391-1735.
730 Central Ave is a stunning value-add owner/user property with redevelopment opportunity located in the thriving city of Mountain View, CA.
With a lot size of approximately 0.24 acres, the subject land parcel currently consists of a vacant retail building. The subject parcel offers prime exposure nearby Downtown
Mountain View.
730 Central Ave features favorable CRA zoning, allowing for various commercial or residential development. 730 Central Ave is located in the city of Mountain View in the
South Bay's Santa Clara County. This well-positioned market rests directly below Palo Alto, one of the strongest residential markets in all of California. The city of Mountain
View has been credited with many of the new technologies and markets originating in Silicon Valley. While leading the region in innovation and ideas, Mountain View harbors
some of the nation’s top tech employers including Google, Microsoft, LinkedIn, Symantec, and Intuit to name a few.
In addition to the stunning Googleplex, (Google Headquarters) located only 2 miles away, the subject property is also located within walking distance to Downtown Mountain View (0.3 miles) and San Antonio Shopping Center (2.4 miles). Downtown Mountain View and Castro Street play a unique role within the community and offer more than 20 retailers and 70 restaurants. The downtown area boasts the City Civic Center and Center of Performing Arts landmark, providing a myriad of high-end dining, shopping and
entertainment options.
The investment appeal of this asset is driven by Mountain View’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon
Valley, 730 Central Ave presents an attractive choice for investors due to its exceptional redevelopment plan, close proximity to major employers, transportation corridors, as well as its extensive dining, shopping, and entertainment options.
730 Central Ave is a stunning value-add owner/user property with redevelopment opportunity located in the thriving city of Mountain View, CA.
With a lot size of approximately 0.24 acres, the subject land parcel currently consists of a vacant retail building. The subject parcel offers prime exposure nearby Downtown
Mountain View.
730 Central Ave features favorable CRA zoning, allowing for various commercial or residential development. 730 Central Ave is located in the city of Mountain View in the
South Bay's Santa Clara County. This well-positioned market rests directly below Palo Alto, one of the strongest residential markets in all of California. The city of Mountain
View has been credited with many of the new technologies and markets originating in Silicon Valley. While leading the region in innovation and ideas, Mountain View harbors
some of the nation’s top tech employers including Google, Microsoft, LinkedIn, Symantec, and Intuit to name a few.
In addition to the stunning Googleplex, (Google Headquarters) located only 2 miles away, the subject property is also located within walking distance to Downtown Mountain View (0.3 miles) and San Antonio Shopping Center (2.4 miles). Downtown Mountain View and Castro Street play a unique role within the community and offer more than 20 retailers and 70 restaurants. The downtown area boasts the City Civic Center and Center of Performing Arts landmark, providing a myriad of high-end dining, shopping and
entertainment options.
The investment appeal of this asset is driven by Mountain View’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon
Valley, 730 Central Ave presents an attractive choice for investors due to its exceptional redevelopment plan, close proximity to major employers, transportation corridors, as well as its extensive dining, shopping, and entertainment options.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,014 SF
Building Class
C
Year Built
1956
Price
$3,124,170 CAD
Price Per SF
$623.09 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.24 AC
Zoning
*CRA - COMMERCIAL/RESIDENTIAL-ARTERIAL (CRA)
Parking
10 Spaces (1.99 Spaces per 1,000 SF Leased)
Frontage
103’ on Central Ave
AMENITIES
- Signage
Walk Score®
Walker's Paradise (92)
Bike Score®
Biker's Paradise (99)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 158-45-001 | Improvements Assessment | $15,183 CAD |
| Land Assessment | $3,629,332 CAD | Total Assessment | $3,644,515 CAD |
PROPERTY TAXES
Parcel Number
158-45-001
Land Assessment
$3,629,332 CAD
Improvements Assessment
$15,183 CAD
Total Assessment
$3,644,515 CAD
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