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    5060 Milano Way

    Martinez, CA 94553
    • $2,250,000
    • STATUS: Active
    • ON SITE: 128 days
    • ID#: 40937825
    UPDATED: 84 min ago
    $2,250,000
    • 0
      BEDS
    • 1.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    FANTASTIC OPPORTUNITY TO BUILD ON THIS CORNER LOT! This is actually two lots combined to make a total of 59,764 sq. ft. highly buildable land. Parcel # 161-0140-012 is 8,799 sq. ft. and has a 1087 sq. ft. home on site. Currently tenant occupied, so you will have both rents and a possible caretaker on site until ready to build! The remaining lot, parcel # 161-0140-014-2 is the larger and flatter of the two at 50,965 sq ft. in size, making a combined square footage of 59,764. The City of Martinez planning says this is zoned: PA (Professional and Administrative Office District) / General Plan Land Use: Commercial. In the PA District, all uses permitted in the R-1.5 district (including multifamily residential) are also permitted, provided that the minimum site area per dwelling unit shall be not less than 1,500 square feet. This means that this is the highest residential density allowed in this zoning district, possible 39 units. Size limits as appropriate shall also be established by the Board of Adjustments in design review. Email: dutyplanner@cityofmartinez.org for more info. Permitted uses in the PA zone can be found here: https://library.municode.com/ca/martinez/codes/code_of_ordinances?nodeId=CD_ORD_TIT22ZO_CH22.14PAPRADOFDI_22.14.030PEUS Since we need housing more than we need office space that is what we deemed as highest and best use. We calculated approximately 39 +.- residential units can be built on this site!

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    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-06-23T22:42:33.623.

    www.armariohomes.com/homes/114252022
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    5060 Milano Way Martinez, CA 94553

    • Price: $2,250,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: 40937825
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.37
    Acres
    Neighborhood:
    Martinez
    County:
    Contra Costa
    Area:
    Martinez
    Property Description
    FANTASTIC OPPORTUNITY TO BUILD ON THIS CORNER LOT! This is actually two lots combined to make a total of 59,764 sq. ft. highly buildable land. Parcel # 161-0140-012 is 8,799 sq. ft. and has a 1087 sq. ft. home on site. Currently tenant occupied, so you will have both rents and a possible caretaker on site until ready to build! The remaining lot, parcel # 161-0140-014-2 is the larger and flatter of the two at 50,965 sq ft. in size, making a combined square footage of 59,764. The City of Martinez planning says this is zoned: PA (Professional and Administrative Office District) / General Plan Land Use: Commercial. In the PA District, all uses permitted in the R-1.5 district (including multifamily residential) are also permitted, provided that the minimum site area per dwelling unit shall be not less than 1,500 square feet. This means that this is the highest residential density allowed in this zoning district, possible 39 units. Size limits as appropriate shall also be established by the Board of Adjustments in design review. Email: dutyplanner@cityofmartinez.org for more info. Permitted uses in the PA zone can be found here: https://library.municode.com/ca/martinez/codes/code_of_ordinances?nodeId=CD_ORD_TIT22ZO_CH22.14PAPRADOFDI_22.14.030PEUS Since we need housing more than we need office space that is what we deemed as highest and best use. We calculated approximately 39 +.- residential units can be built on this site!
    Exterior Features

    Building Pad Possible Development Status Raw LandRough Grade Dimensions Front 191 Dimensions Rear 229 Dimensions Side1 261 Dimensions Side2 261 Lot Description CornerMostly LevelPremium LotRollingChain Link Fence

    Property Features

    Assessments Yes Building Type Comm Lots And Land City Transfer Tax No Corners Marked Yes Disclosures Disclosure Package Avail Mineral Rights No Paid By Seller Possession CoeTenant's Rights Surveyed No Terms CashConventional Use Zoning CommercialMulti-FamilyOffice Utilities On Site ElectricityGasSewerWater Water Sewer Sewer - PublicWater - Public

    Listing courtesy of John L. Morra of Century 21 Re Alliance.


    Bay East ©2021. CCAR ©2021. bridgeMLS ©2021. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2021-06-23T22:42:33.623.

     
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    Armario Homes Real Estate Team
    459 Main Street
    Pleasanton CA, 94566