1998 Alum Rock Ave - Medical FOR SALE


San Jose, CA 95116
$3,950,000 USD
408-747-9345
1998 Alum Rock Ave, San Jose, CA for Sale
$3,950,000 USD
Medical - FOR SALE
1/19
null | Request Cap Rate

1998 Alum Rock Ave
San Jose, CA 95116


HIGHLIGHTS

  • Prime Location: Proximity to major freeways (101, 280, 680, and 880) ensures easy access to and from the property.
  • Public Transport: Close to light rail stations and the future BART station, offering excellent public transport options.Nearby Amenities: Minutes away
  • Investment Potential: Located in a high-growth area with substantial redevelopment potential, making it an ideal investment opportunity.

OVERVIEW

Compass is pleased to announce the exclusive offering of 1998 Alum Rock Ave, San Jose, CA. This prime medical office building, boasting approximately 7,486 square feet, is situated on a generous 24,028 square foot lot (0.55 acres). Constructed in 1956, the property has been meticulously maintained and upgraded. During their lease period, the tenant invested $1.25 million in improvements, transforming the space into a state-of-the-art Dental Surgery Center, far surpassing the amenities of a typical dental office. Strategically located in the San Jose Alum Rock Ave Urban Village Area, this property presents an exceptional value-add opportunity for residential redevelopment. The area is earmarked for significant growth and revitalization, enhancing the potential for future appreciation. This exclusive offering represents a unique chance to acquire a versatile property with immense potential in one of San Jose's most promising districts. Don’t miss out on this exceptional investment opportunity. Contact Compass today for more information and to schedule a private viewing.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$528 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Day Care Center, Health Club, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C3/R1, San Jose

APN/PARCEL ID

481-19-143

ASK ABOUT THIS PROPERTY

Betty ShenCompass CommercialMore Info
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.