1770 1st - Commercial LAND FOR SALE


San Jose, CA 95112 127,631 SF
$18,000,000 USD
408-521-7117
1770 1st, San Jose, CA for Sale
$18,000,000 USD
Commercial LAND - FOR SALE
1/1
127,631 SF

1770 1st
San Jose, CA 95112


OVERVIEW

The sale offering includes a franchise agreement with Hilton Hotels for a Home2 Hotel. 171 rooms, 94,199 Square Feet, four stories. PD Zoning amendment approved by the City of San Jose Planning Director in February of 2022. 100% Construction Drawings will be completed in June of 2022. Sales price does not include the reimbursement for prepaid building permit fees of approximately $1,800,000, Traffic Impact Fee of $750,000 and construction, structural, MEP and Civil drawings estimated to be $1,000,000.

FOR SALE DETAILS

PRICE

$18,000,000 USD

PRICE/ACRE

$6,143,335/AC

PRICE/SF

$141 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Home2 at Bay 101

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hospitality

LAND ACRES

2.93 AC

LAND SF

127,631 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CG(PD)

APN/PARCEL ID

235-01-029,235-01-030

ASK ABOUT THIS PROPERTY

Ralph BorelliBorelli Investment CompanyMore Info
408-521-7117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ralph BorelliBorelli Investment CompanyMore Info
408-521-7117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.