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883 Shoreline Blvd Mountain View, CA 94043

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For Sale
Contact for pricing

Prime location, value-add opportunity.

Property size:
23,770 SF

Property Features for 883 Shoreline Blvd

General Information

Property type
Retirement homes
Square Feet
23,770 SF
Class
B
Lot Size
66,211 SF

Building Details

Year Built
1982
Buildings
4
Stories
2

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Listing Contact
Gabe Regalado
Gabe Regalado

Listing Agency: Newmark | San Jose Listing Agent: Gabe Regalado

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a four-building mixed-use complex totaling approximately 23,770 rentable square feet, situated on a 1.52-acre lot in Mountain View, California. The property, built in 1982, is classified as Class B and features a mix of apartment building, executive office, and traditional office spaces, currently housing six tenants under gross leases with a remaining term of two years, commencing September 30, 2024. The current occupancy rate stands at 60%. The property boasts ample parking (4 spaces per 1,000 sq ft) and usable outdoor amenity areas. Conveniently located near Highway 101 and Highway 85, the property offers immediate access to major transportation routes and neighboring retailers. High-speed internet options are available, including AT&T fiber and Comcast business internet. The property benefits from separate suite entryways and a free shuttle service to the Mountain View Caltrain station. Zoned ML, this property presents a significant value-add opportunity with flexible lease terms and expansion potential. The asking price is $18,000,000. This is a multi-tenant property with a two-year lease term and four potential rent bumps. The property is free of ground lease obligations.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

ChainScale, Inc. (Bike/Boat/Book/etc) Store zGlue Inc Computer Hardware Manufacturer Veery 883 N ... Real Estate Agency Heng Yang Financial Advisor TeamLogic IT Tech Support Center

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mountain View
County
Santa Clara
State
California
Longitude
-122.0775312
Latitude
37.4071594

FAQs

What type of property is this?
Retirement home - Prime location, value-add opportunity.
Where is this retirement home located?
The property is located at 883 Shoreline Blvd Mountain View, CA.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: $18,000,000 asking price for a value-add opportunity.; 23,770 rentable square feet across four buildings.; Flexible lease terms and expansion space available.
(408) 982-8428 Call to check price and availability
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