1266 E Julian St - Food Processing FOR SALE


San Jose, CA 95116
$6,500,000 USD
408-477-2508
1266 E Julian St, San Jose, CA for Sale
$6,500,000 USD
Food Processing - FOR SALE
1/27
null | Request Cap Rate

NEW


1266 E Julian St
San Jose, CA 95116


HIGHLIGHTS

  • Rare 14,742 SF Industrial Food Processing/Commercial Kitchen Facility For Sale - Former Silva Sausage Co.
  • 2 Buildings Totaling 14,742 SF on a 0.82 AC Gated Lot with Ample Yard Space
  • Owner User Opportunity - Property Will Be Delivered Vacant at Close of Escrow
  • Walk in Refrigerators & Freezers, Dry Storage, Packaging Rooms, Commercial Kitchen, Floor Drains, Grease Traps
  • Light Industrial Zoning & Urban Village General Plan - Mixed Use Redevelopment Potential 250DU/AC
  • Located on the Corner of E Julian St & N 27th St - 1 Block from Hwy 101, Great Freeway Accessibility

OVERVIEW

Rare opportunity to acquire an industrial food processing/commercial kitchen facility in San Jose which consists of 2 buildings totaling 14,742 square feet on a 35,763 square foot gated lot with ample yard space, the property has 7 parcels. The property is currently owner operated and will be delivered vacant at close of escrow, allowing for immediate occupancy by an Owner User. The property is located in an opportunity zone. The property is currently owned by IL Pastaio Foods who is a wholesale manufacturer of pasta products. The facility includes walk in refrigerators and freezers, dry storage, packaging rooms, commercial kitchen, floor drains, and grease traps. The facility was a USDA approved facility for many years and the license can be reinstated very easily. The property is in the light industrial zoning designation and in the Urban Village general plan designation. The property is in the Five Wounds BART – Urban Village general plan designation, which is intended to transition the area to a vibrant mixed use and pedestrian oriented district that complements and supports the E Santa Clara – Alum Rock Bus Transit System along E Santa Clara. The density in this designation is up to 250 DU/AC, minimum FAR 0.75 (3 to 9 stories). The 0.75 FAR commercial requirement does not apply to certain 100% affordable housing developments. The property is located on the corner of E Julian St and N 27th St, 1 block from highway 101. Strong demographics with household incomes in excess of $115,632 in a 1-mile radius.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

14,742 SF Food Processing/Commercial Kitchen

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Food Processing

ADD'L SUBTYPES

Refrigeration/Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.82

LAND SF

35,763

ZONING

LI

APN/PARCEL ID

467-07-004,467-07-007,467-07-008,467-07-049,467-07-050,467-07-051

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-477-2508

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David TaxinMeacham OppenheimerMore Info
408-477-2508

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.