• RARE DOWNTOWN SAN JOSE OWNER USER/ INVESTMENT OPPORTUNITY • 30,000± SF Office/Retail Service Building For Sale • 255-299 Bassett Street, San Jose presents a rare opportunity for an owner-user/investor to acquire a 30,000± square foot office/retail service building with six units of which can be combined or separated. • This property offers a classic brick and wood design with modern updated units making it perfect for someone looking for a unique building to own. • There is 9,923 SF available for an owner user to occupy while the rest of the building is leased out generating income. • The property is situated on a 42,000± square foot lot with two large parking lots directly adjacent to the property. • The property is in the CIC – Combined Industrial Commercial zoning designation which allows for uses such as, professional office, retail services, personal services & many more. • The property is currently 66% leased, allowing for the remaining 33% of the building for immediate occupancy by an Owner User. • The property also allows for an investor to acquire it at a very competitive cap rate of 5.39% based on a projected proforma of the building 100% leased. • Extremely strong demographics with household incomes in excess of $160,221 in a 1-mile radius