27 S Main ST

$3,000,000

27 S Main ST, Milpitas, CA, 95035

ResidentialLot

Listing courtesy of Frank Liu, Alliance Bay Realty
Listing broker contact: 408-313-2688 · frank.liu1268@gmail.com

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..

Listing details

MLS #: ML82022787
Status: Active
Property type: ResidentialLot
Lot size: 14,720 sqft
List price: $3,000,000
List date: 2025-09-24
Listing agent: Frank Liu
Listing office: Alliance Bay Realty

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