456-460 Meridian Ave - Auto Dealership FOR SALE


San Jose, CA 95126- Buena Vista
$11,950,000 USD
408-966-5919
456-460 Meridian Ave, San Jose, CA for Sale
$11,950,000 USD
Auto Dealership - FOR SALE
1/34
null | Request Cap Rate

456-460 Meridian Ave
San Jose, CA 95126
Buena Vista


HIGHLIGHTS

  • 2 Industrial/Retail Showroom Properties For Sale - Currently 2 Motorcycle Dealerships
  • Owner User Opportunity: Both Properties will be Delivered Vacant at the Close of Escrow
  • The Two Properties can be Acquired Separately or Together as a Portfolio Sale
  • The Two Buildings Total 18,751 SF on a 1.27-Acre Lot (456 Meridian is 9,775 SF & 460 Meridian is 8,976 SF)
  • Recent Renovations - Substantial Capital Improvements
  • Upscale Showrooms, Offices, Storage/Warehouse, Large Service Center, 75 Parking Spaces, 2 Roll Up Doors

OVERVIEW

- Rare opportunity to acquire two single tenant industrial/retail showroom buildings which are currently owner occupied as Motorcycle Dealerships. - Owner User Opportunity: Both properties will be delivered vacant at the close of escrow. - The two properties can be acquired separately or together as a portfolio sale. - The two buildings total 18,751 square feet on a 1.27-acre lot. - 456 Meridian is 9,775 square feet on a 0.93-acre lot. - 460 Meridian is 8,976 square feet on a 0.34-acre lot. - Both properties have very upscale showrooms, offices, storage/warehouse, and they share a large service center. - Both properties have substantial capital improvements and are in excellent condition, new roof with a 20-year warranty and 4 new HVAC units both were installed in January 2025. - Each property has 1 grade level roll up door. - Large Rear Lot with Ample Parking (75 parking spaces). - Located on Meridian Avenue between Parkmoor Avenue & Saddle Rack St. - Excellent signage and visibility with very high traffic counts along Meridian Avenue. - Easy access to Interstate 280 and only 1.6 miles from Stevens Creek Boulevard.

FOR SALE DETAILS

PRICE

$11,950,000 USD

PRICE/SF

$637 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

LIKE NEW INDUSTRIAL, RETAIL SHOWROOM BLDS.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,373 SF

ZONING

LI

APN/PARCEL ID

264-08-017,264-08-085

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.