14320 Saratoga Sunnyvale RD, Saratoga, CA 95070

$4,000,000

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Listed by Joe N. Pollifrone, 408-460-5469 from Christie's International Real Estate Sereno
(If provided) CoList: from

Sold listing courtesy of Jeff Wyatt from WYATT

Sold Price
$4,000,000
List Price
$4,500,000
Closing Date
Jan 12, 2024
MLS#
ML81929831
Status
SOLD
Lot Size
20,267
Listing Area
Saratoga
Year Built
1966

Property Description

Unique 19th Century Victorian styled commercial building-Neales Hollow was originally built in 1966. Approximately 7,553sf well known identity, access & exclusive parking. Commercial property consists of 12 commercial units on 20,125sf lot Creekside setting. Located in Saratoga at Gateway to the Village of Saratoga & within a few minutes walk to Village. Saratoga is a prestigious residential community with small-town feel & well known for its excellent schools, fine dining, unique shops & distinctive cultural institutions & home to many Silicon Valley Executives, average household income of $224,179. The traffic counts are approximately 15,000 per day. There is super upside potential in rents. This property has been in the family for many years. There have been very few sales for commercial buildings in Saratoga for years. Proposed City of Saratoga Zoning change to 30 - 40 units per acre (high density). This property offers Super development potential - not many projects like this around!

Additional Information

Acres
0.47
Age
57
Building Name
Neale's Hollow
Cooling System
None
Days On Market
Unknown
Foundation
Other
Garage Parking
Guest / Visitor Parking, Parking Area
Heating System
Gas
Lot Size
20,267
Neighborhood
Saratoga
Other Utilities
Garbage Collection, Individual Electric Meters, Individual Gas Meters
Present Use
Commercial
Roof
Composition, Flat / Low Pitch
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
CC

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