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1440 Norman Ave, Santa Clara, CA 95054

$650,000

13,400 SF | Industrial

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Industrial Property For Sale - In Contract Get Financing

Price:
$650,000
Building Size:
13,400 SF
Price/SF:
$48.51
Property Type:
Industrial
Property Sub-type:
Manufacturing
Property Use Type:
Vacant/Owner-User
Commission Split:
3%
Clear Ceiling Height:
17 ft.
Lot Size:
30,900 SF
APN / Parcel ID:
104-14-047
Listing ID
16183923
Last Updated
29 days ago

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Utilities

  • Fenced Yard
  • Sprinklers

Description

Property Details

This is a group of buildings totaling approximately 13,400 + sq. ft, located at 1440 Norman Ave, in Santa Clara, California (APN: 104-14-047).

The lot is approximately 30,900 + sq. ft, flat, predominantly paved, and zoned M2.
The structures on site where build separately with some of the interconnected or adjoining.
Building 1: Poured on place concrete, with bow trust roof
Building 2: Concrete block, flat roof
Building 3: Metal, pitched roof
Building 4 Stucco wood frame, sloping roof

It was built for and run as an electrical plating operation and until 1984-5. It was de-commissioned and the equipment removed.
The current tenant operates a material recycling business on site since the ealty 1990' s. They are currently on a month to month to month lease. As a courtesy the Seller would like to give them 90 days notice of a change of ownership. The current rent is fanatically below market rate.

The structures need every form of rehabilitation and remodeling. Any remodel may trigger a site upgrades from the City of Santa Clara.
Prospective buyers will need to have their own independent environmental service consultant review the property

The site is located in a predominantly heavy industrial area of Santa Clara just across the street from Air Products Inc. Norman Ave is connect traffic between Lafayette St. and Thomas Rd.

Map of 1440 Norman Ave, Santa Clara, CA 95054 (Santa Clara County)

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Asking Price Index Trends for Santa Clara, CA Industrial For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$114+1.3%+5.0%
-
Metro
$152-0.4%+3.3%
-
County
$161-1.4%+5.1%
-
City
$1450.0%-0.5%

View Santa Clara Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 4/7/2009
MAKE OFFER
  • Industrial
  • $650,000
  • 13,400 SF