Listed by Marcus & Millichap - Palo Alto
$5,950,000
160 W Main St
Details
APN 529-03-020
Property Type Mixed Use
Square Footage 7,000
Units 3
Tenancy Multi
Year Built 1920
Mixed Use | 7,000 SqFt
Marketing description
For Sale
Investment highlights
- Exceptionally Rare Opportunity in the Heart of Downtown Los Gatos: Trophy retail investment located on one of Silicon Valley's most prestigious and supply-constrained Main Street corridors.
- Marquee Building With Iconic Street Presence: Highly visible, high-profile asset featuring premier frontage and curb appeal in a walkable, high-traffic downtown environment.
- Irreplaceable Main Street Location: Positioned in the core of Downtown Los Gatos-an affluent, pedestrian-oriented retail district known for strong tenant demand and minimal vacancy.
- Ultra-high Barrier-to-entry Submarket: Los Gatos is one of the most land and entitlement-constrained cities in the Bay Area, supporting long-term rent growth and value preservation.
- Strong Silicon Valley Demographics: Surrounded by some of the highest-income households in Northern California, supporting durable demand for retail, dining, and service operators.
- Attractive Retail Fundamentals + Long-term Upside: Main Street Los Gatos continues to attract high-quality tenants due to limited inventory, strong sales volumes, and destination foot traffic.
- Walkable, Lifestyle-centric Destination: Steps from top restaurants, boutiques, and community anchors, benefiting from consistent daytime and evening foot traffic.
- Pride of Ownership Asset / True Core Real Estate: Institutional-quality downtown property suited for long-term investors seeking stable cash flow with appreciation potential.
- Strong Long-term Appreciation Profile: Ideal blend of scarcity, location, and demographics-supporting value growth through cycles.
- Perfect for 1031 Exchange or Legacy Buyer: A highly desirable acquisition target for exchange buyers, private capital, and family offices seeking core Silicon Valley real estate.
Listing Contacts
Listed by Marcus & Millichap - Palo Alto
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Zoning
C-2(LHP) OverlayCentral Business Landmark And Historic Preservation
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View all 64 uses
View all 64 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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