Courtesy: Ralph Hodgen, Broker
408-499-9747
High class, well kept restaurant in a soon to be area of 400+ new apartments & townhomes. Close to the Great Mall, this portion of South Main Street in Milpitas is ongoing with new developments and mixed use projects. A new residential community is slated to be built across from the restaurant on South Main Street, a mixed-use residential and retail complex, and a project with housing units near Main Street. Lots of room for large parties. dancing, buffets and special events. Excellent opportunity for the right group to take over and enjoy a profitable venture. Owner will consider all offers.
High class, well kept restaurant in a soon to be area of 400+ new apartments & townhomes. Close to the Great Mall, this portion of South Main Street in Milpitas is ongoing with new developments and mixed use projects. A new residential community is slated to be built across from the restaurant on South Main Street, a mixed-use residential and retail complex, and a project with housing units near Main Street. Lots of room for large parties. dancing, buffets and special events. Excellent opportunity for the right group to take over and enjoy a profitable venture. Owner will consider all offers.
27 S Main St, Milpitas that spans 0.34 acres,15,000 sqft, zoned for mixed-use development. The land is primed for development and capable of accommodating a seven-story building, with approximately 75,000 square feet total building floor area. It can be designed for 48 combination of one, two and three bedroom condo units and 1062 square feet commercial unit area, along with an underground garage.This land is located in a rapidly growing region,and the development of this property offers a unique opportunity to capitalize on the growing demand for mixed-use developments in the area. With its proximity to Silicon Valley, Milpitas has seen a surge in innovation and economic growth, making it an ideal location for this project. The property is conveniently located near public transportation, shopping, and entertainment destinations, making it an attractive destination for businesses and residents alike.
Prime Development Opportunity Subject to city planner approval, this property offers: Up to 19,602 SF, 3-story build (based on prior plans) R3B zoning with potential future IND change High-density residential: Up to 9 units Affordable housing incentives: Density bonus up to 35% Versatile First Floor Options: Medical, retail, showroom, early education, offices, or senior housing. Ideal for developers seeking residential or mixed-use projects in a city that welcomes affordable housing initiatives.
Milpitas is located in California. Milpitas, California has a population of 79,593. Milpitas is more family-centric than the surrounding county with 40.55% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Milpitas, California is $149,312. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Milpitas is 35.8 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
