700-702 N 13th St - Storefront Retail/Residential FOR SALE


San Jose, CA 95112- Luna Park
$4,988,000 USD
408-966-5919
700-702 N 13th St, San Jose, CA for Sale
$4,988,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | 6.43% Cap Rate

700-702 N 13th St
San Jose, CA 95112
Luna Park


HIGHLIGHTS

  • 100% Leased, 5 Building Property, 6.43% CAP RATE
  • Signalized Intersection with Exposure to Over 10,000 Vehicles Per Day
  • Scheduled Rent Increases for Residential Apartments
  • .56 Acre (24,393.6 SQFT) Land Size
  • Tenants Located within the premise; Auto Body Shop/Tire Shop, Lion King Barber, Travel Services, Liquor Store, and Residential Apartment

OVERVIEW

700 N 13th Street includes 5 buildings totaling 8,417 SF on a 0.56 Acre single parcel of land. • Great value add investment opportunity which is currently 100% leased. • The property features multiple income-generating businesses, including a barbershop, bus tour company, corner market with apartments above, tire shop, and body shop. • Situated on the high-visibility corner of E. Taylor St and N. 13th St, the location benefits from heavy traffic flow. • A fully fenced, gated parking lot is located on the left side of the property, offering added convenience and security. • Convenient freeway access: • Hwy 880: 0.2 miles • Guadalupe Pkwy: 0.3 miles • Hwy 101: 0.4 miles • Hwy 280: 0.5 miles

FOR SALE DETAILS

PRICE

$4,988,000 USD

PRICE/SF

$593 USD /SF

CAP RATE

6.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5 BLDS FOR SALE, INVESTMENT OR USER DEAL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

CP

APN/PARCEL ID

249-13-072

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 Policy.