25 Main StLos Gatos, CA 95030

Property Details for 25 Main St

Year built

1959

Lot size

0.13 AC

Property size (Sq ft)

2,000 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Retail space

APN

529-28-037

APU

52928037

Description

This exceptional 2,059-square-foot commercial space, located in the heart of downtown Los Gatos, presents a unique opportunity for a restaurant or retail business. Currently vacant and ready for immediate occupancy, this single-tenant property offers a turnkey solution for entrepreneurs seeking a thriving location. The space is situated in Santa Clara County, within a vibrant and bustling commercial district, ensuring high visibility and foot traffic. The building's total square footage mirrors the vacant space, providing ample room for a full-service restaurant or a similarly sized retail operation. The property's "turnkey" status suggests it is ready for immediate use, minimizing the time and expense associated with renovations or build-outs. This presents a significant advantage for businesses looking to establish a presence quickly and efficiently. The single-tenant occupancy ensures exclusive use of the space, providing complete control over the environment and operations. This prime location in downtown Los Gatos offers unparalleled access to a dense population base and a strong local economy, making it an ideal investment for a discerning business owner. The property's size and location make it suitable for a variety of concepts, from casual dining to upscale retail establishments. Serious inquiries are encouraged to explore this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,288,909

  6.5%

  $1,189,762

  7%

  $1,104,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,405,706

  Geo Method

  $1,405,706

• Alternative Use

  Use

  Valuation

  Residential

  $1,003,609

  Hospitality

  $919,300

  Educational

  $764,847

  Medical

  $791,152

  Retail

  $1,189,762

Location Insight

City

Los Gatos

County

Santa Clara

State

California

Latitude

37.2216

Longitude

-121.981

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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