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Eric Sandate

eric.sandate@exprealty.com +1(650) 576-5580

Listed by Carlos Padilla, DRE #01342889 • Intero Real Estate Services

$ 2,500,000

Est. payment | -/mo

5,500 SqFt

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$ 2,500,000

Est. payment | -/mo

Save Virtual Tour

5,500 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $454

MLS Listing ID ML82033242

Year Built 1928

Lot Size 0.282 Acres

Property Sub-Type Commercial Property

Source MLSListings, Inc.

Property Description

Premier opportunity to acquire a 100% fee simple stand-alone mixed-use asset located in the heart of Downtown San Jose. The Property is ideally situated just two blocks from San Jose City Hall, within walking distance of San José State University, approximately five minutes from Diridon Station, and in the epicenter of numerous active and proposed residential and commercial high-rise developments. The building is currently 100% occupied on short-term leases, offering immediate income with near-term flexibility. The ground-floor commercial light industrial unit is leased to an established HVAC business and features multiple private offices, ample open warehouse space, and roll-up doors, making it well-suited for a variety of owner-user or industrial service uses. The second-story residential unit consists of a spacious three-bedroom, one-bathroom apartment leased on a month-to-month basis. This tenancy structure presents a compelling opportunity for an owner-user to occupy all or a portion of the Propertyparticularly the ground floorwhile generating supplemental passive income from the residential unit above. Investors may also benefit from repositioning potential through rental adjustments or future redevelopment, subject to zoning and city approvals.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning CG

Interior

Heating Electric, Forced Air

Cooling Multi-Zone

Flooring Carpet, Concrete, Hardwood, Tile

Exterior

Parking Features Parking Area

Garage Spaces 20.0

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 467-19-037

Special Listing Condition Not Applicable

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA, 94070-5216, USA

247 E Saint John ST San Jose, CA 95112

Eric Sandate

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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247 E Saint John ST