Split-zoned lot offers two contiguous parcels, multiple current use options, and possible future redevelopment opportunity! Immense lot with street access from both S 7th Street (front) and S 8th Street (rear). The parcel is currently split zoned according to City of San Jose Planning: CP (Commercial Pedestrian) on the front portion and R2 (Two-Family Residence) on the rear portion. The existing residence has a full basement and large detached garage. Both structures have previously been used as offices and the current configuration offers potential for both commercial and residential uses. The City has indicated that future development would require rezoning the property to R2 (Two Family Residence) or R1-8 (Single Family Residence). The site sits in a pro-growth area with large-scale redevelopment nearby and provides easy access to Downtown San Jose, commute routes, Diridon Station, and the possible future Google Village. A rare opportunity!
Grade - Level, Potential Re-Zone
|Price Reduced||$999,000||$200,000 (16.68%)|
|Contingent (from Active)||–||–|
|Show More (1)|
|Price Reduced (from $1,500,000)||$1,199,000||$301,000 (20.07%)|
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