111-123 Fairchild Drive
SoldIN CONTRACT – Close of Escrow 3/8/2014 —
111 & 123 Fairchild Drive represents an incredible development opportunity in highly desirable Mountain View, California. The 43,640 square feet of space lie on two separate lots with nearly 500 square feet of street frontage facing Fairchild Drive, Tyrella Avenue and Evandale Avenue, and is less than a quarter-mile from Google's rapidly expanding campus.
Located in "Area B" of The City of Mountain View's 2012 Evandale Precise Plan, the property has received encouragement from the city for residential redevelopment and the preservation and construction of low and moderate income housing. The maximum density shall be 20-25 units per acre, and can be increased to 26-30 units per acre if at least twenty percent of the units are set aside as housing for lower-income households, or ten percent for very-low income households, or fifty percent for the elderly.
| Price: | $3750000 |
|---|---|
| Address: | 111-123 Fairchild Drive |
| City: | Mountain View |
| State: | California |
| Zip Code: | 94304 |
| MLS: | 25492 |
| Year Built: | 1941 |
| Square Feet: | 43,650 |
| Acres: | 1.002 |
| Lot Square Feet: | 1.002 acres |
