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.