1891 W San Carlos St - Storefront Retail/Residential FOR SALE


San Jose, CA 95128- Burbank
$1,645,000 USD
408-966-5919
1891 W San Carlos St, San Jose, CA for Sale
$1,645,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | Request Cap Rate

NEW


1891 W San Carlos St
San Jose, CA 95128
Burbank


OVERVIEW

ATTRACTIVELY PRICED VALUE-ADD OPPORTUNITY • Offered at $1,645,000 ($237/SF). • Opportunity to acquire a mixed-use property at an attractive price with significant value-add potential. FLEXIBLE MIXED-USE PROPERTY • ±6,934 SF two-story mixed-use building. • Two separate ground-floor commercial storefronts. • Four second-floor residential apartment units. • Rear on-site parking lot serving the residential units. • Situated on a ±6,331 SF parcel. VALUE-ADD UPSIDE • All tenants currently occupy the property on a month-to-month basis with no written leases in place. • Potential opportunity to deliver the units vacant, subject to an agreement with the existing occupants. • Opportunity to renovate units and lease at current market rents. OWNER-USER OPPORTUNITY • Occupy one or both commercial storefronts. • Rental income from the four apartment units can help offset ownership costs. • Ideal opportunity for businesses seeking an investment while occupying the 2-ground floor commercial spaces. PRIME SAN JOSE LOCATION • Frontage along W. San Carlos Street. • Located within San Jose's MUC (Mixed Use Commercial) Zoning District. • Located within the W. San Carlos Street (West) Urban Village Plan. • Excellent access to Downtown San Jose, Santana Row, Valley Fair, and major transportation corridors.

FOR SALE DETAILS

PRICE

$1,645,000 USD

PRICE/SF

$237 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

VALUE ADD MIXED-USE INVESTMENT/OWNER USER

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,331 SF

ZONING

MUC

APN/PARCEL ID

274-16-053

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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