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Listed by David Long • Christie's International Real Estate Sereno
$2,249,000
Est. payment /mo
5,105 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,105 sqft
Price per Sqft $440
MLS Listing ID ML82014360
HOA Y/N No
Year Built 1940
Lot Size 3,293 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
This is it! Trophy investment property set right in the heart of the charming & popular JapanTown section of Downtown San Jose! Unique mixed use offering with 10 units comprising 3 storefront retail spaces and 7 residential apartments. improved ground floor featuring the 3 retail units including ramen restaurant with finished basement, clothing store & art studio/store. The residential bevvy includes 1 ground floor unit, 5 units on the 2nd floor & 1 3rd floor 'penthouse unit'. 2 units share common bath, there is also a 2plusBR/2BA unit, 1BR/2BA unit & 2 1BR/1BA units. Amazing location close to Downtown San Jose, SJSU, $GOOGL Village, Diridon, SJ Intl Airport. Invesment Cap Rate: ~6% A solid return in a premier location , Ideal for pure investors or owner/operators Zoned and laid out for versatile use and long-term value, This is a rare opportunity to secure a character-rich, income-producing asset in a location with enduring tenant demand and immense growth potential.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling None
Fireplace No
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613