1565 Alum Rock Ave - Office FOR SALE


San Jose, CA 95116- Little Portugal South
$1,800,000 USD
408-772-3339
1565 Alum Rock Ave, San Jose, CA for Sale
$1,800,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

1565 Alum Rock Ave
San Jose, CA 95116
Little Portugal South


HIGHLIGHTS

  • Heavy Daytime Foot Traffic
  • Parking lot

OVERVIEW

Prestigious Commercial Investment Opportunity for Your Portfolio A perfect combination of space, and connectivity in the growing Downtown to Alum Rock Corridor Welcome to 1565 Alum Rock Ave, where investors will find a turnkey opportunity in one of Silicon Valley's most sought-after commercial markets. This property boasts upgraded interiors, strong amenities, and a prime location that guarantees long-term tenant demand. Property is currently vacant, providing a worry-free ownership experience. The property is conveniently located near the Restaurants (Adega) (Mexico Bakery) Cultural hubs (Mexican Heritage Plaza) and remaining close to transit corridors and employment hubs, public transportation and easy access to 101 Freeway Key Features: Amenities: 12 parking spaces, Upstairs: Currently Office | Potential Residential Units Upstairs originally residential. Can be converted back to 2 units both 1bed/1bath. Estimated income from both 1bed units - $2,500 x 2 = $5,000 Downstairs: Retail shop $500-$700 per space. Total of 6-8 spaces 5 private offices with 2 private bathrooms and large open floor area Basement: additional offices and storage space. Improvements: Ownership has made significant capital improvements throughout the years. This includes Central AC/Heat Seller Financing available up to 70% Don't miss this rare chance to acquire a property that perfectly blends location, reliability, and potential! Unlock the property's value and hold it for long-term significant appreciation. Opportunities of this caliber are rarely available.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$468 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,999 SF

ZONING

C3

APN/PARCEL ID

481-01-169

ASK ABOUT THIS PROPERTY

Andrew EspinoRealty Executives Sv Inc.More Info
408-772-3339

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Andrew EspinoRealty Executives Sv Inc.More Info
408-772-3339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.