1982 Alum Rock Ave - Storefront Retail/Residential FOR SALE


San Jose, CA 95116- Mayfair North
$1,280,000 USD
408-747-9345
1982 Alum Rock Ave, San Jose, CA for Sale
$1,280,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | 11.29% Cap Rate

1982 Alum Rock Ave
San Jose, CA 95116
Mayfair North


HIGHLIGHTS

  • Rare Mixed-Use Opportunity: Two commercial/retail units in front and three residential units in the back.
  • Prime Location: Near downtown San Jose and the future Google Campus.
  • Excellent Transportation Access: Easy access to Freeways 101, 680, 280, and 880; bus station at your doorstep; future BART station nearby.
  • Strategic Location: Located in the Alum Rock Urban Village redevelopment area, allowing for both residential and commercial redevelopment.
  • Development Potential: Part of a growing urban area with immense redevelopment possibilities.
  • Close to Major Amenities: Positioned in a vibrant area with access to shops, services, and more.

OVERVIEW

Prime Mixed-Use Property Near Future Google Campus – A Rare Opportunity! This exceptional mixed-use property is ideally located near the heart of downtown San Jose and the upcoming Google Campus, offering a fantastic investment opportunity with high potential returns. The property features two commercial/retail units at the front, providing ample street visibility, and three well-maintained residential units at the back, ensuring a strong, diversified income stream. With its high cap rate and steady rental income, this property is a smart choice for investors. Situated in the thriving Alum Rock Urban Village redevelopment area, this property is approved for both residential and commercial redevelopment, making it an attractive option for future growth and development. Its location offers unbeatable convenience, with easy access to major highways (101, 680, 280, and 880) and a bus station right in front of the building. The planned BART station is also nearby, enhancing future connectivity. With its prime location, excellent transportation access, and tremendous redevelopment potential, this property represents a rare and highly lucrative investment opportunity. Don’t miss out on this gem!

FOR SALE DETAILS

PRICE

$1,280,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

11.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662 SF

ZONING

C3H

APN/PARCEL ID

481-19-012

ASK ABOUT THIS PROPERTY

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408-747-9345

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Betty ShenCompass CommercialMore Info
408-747-9345

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