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    1090 S De Anza Blvd

    San Jose, CA 95129
    • $8,498,000
    • STATUS: Active
    • ON SITE: 191 days
    • ID#: ML81834037
    UPDATED: 80 min ago
    $8,498,000
    • 0
      BEDS
    • 0.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Site is in the heart of Silicon Valley, less than 2 miles away from Apple's headquarters. This offering is absolutely a rare and unique opportunity to place capital in one of the highest sought-after locations in the United States. Building permit for a 4-story Hampton by Hilton hotel is currently at the final stage of approval. The hotel is with 89 guest rooms and one level of underground parking. Seller has spent nearly $2 million over the past 5 years on entitlement, building permit, and site demolition. Other land use for retail, mixed-use, and multi-family is allowed under current zoning. - Seller has received all necessary land use approvals from the City of San Jose - Project is currently at the final stage of Building Permit issuance - Site has been demolished, and seller has obtained all necessary environmental clearance verification documents from the county and the city - Franchise Agreement with Hilton for the Hampton by Hilton brand has been signed and fees have been paid

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-09-22T12:49:30.24. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paymon Real Estate Group.

    Licensed in the State of California.
    www.paymonhome.com/homes/115089243
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    1090 S De Anza Blvd San Jose, CA 95129

    • Price: $8,498,000
    • Status: Active
    • Updated: 80 min ago
    • ID#: ML81834037
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.61
    Acres
    Neighborhood:
    Cupertino
    County:
    Santa Clara
    Area:
    Cupertino
    Property Description
    Site is in the heart of Silicon Valley, less than 2 miles away from Apple's headquarters. This offering is absolutely a rare and unique opportunity to place capital in one of the highest sought-after locations in the United States. Building permit for a 4-story Hampton by Hilton hotel is currently at the final stage of approval. The hotel is with 89 guest rooms and one level of underground parking. Seller has spent nearly $2 million over the past 5 years on entitlement, building permit, and site demolition. Other land use for retail, mixed-use, and multi-family is allowed under current zoning. - Seller has received all necessary land use approvals from the City of San Jose - Project is currently at the final stage of Building Permit issuance - Site has been demolished, and seller has obtained all necessary environmental clearance verification documents from the county and the city - Franchise Agreement with Hilton for the Hampton by Hilton brand has been signed and fees have been paid
    Exterior Features

    Fencing Fenced Lot Description Grade - LevelRegular

    Property Features

    Additional Listing Info Not Applicable City Name San Jose Development Status Approved Building PlanBuilding Site ClearedImprovements Plans AvailSite Plan Approved Horse Property YN No Lot Size Area Maximum 26417.00 Present Use Hotel/Motel Property Sub Type Comm. Land Retail Sewer Septic Sewer - Public Utilities Electricity - Available At StreetGas - Available At Street Water Water Available At Street Zoning Cp

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Jerry Kwok of Pacific Realty Investment Group.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-09-22T12:49:30.24. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Paymon Real Estate Group.

    Licensed in the State of California.
     
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