650-888-7696
34-38 N 1st St, San Jose, CA for Sale
Loft/Creative Space - FOR SALE
1/10
null | Request Cap Rate

34-38 N 1st St
San Jose, CA 95113


HIGHLIGHTS

  • Exceptional Investment Opportunity - Investors have the opportunity to acquire a well-situated asset located in San Jose, California.
  • Possible Redevelopment Play - Zoned for Downtown Primary Commercial (DC) allowing for many permitted uses.
  • Prime Downtown San Jose Location - Renters benfiet from close proximity to high end shopping, dining and entertainment options in Downtown San Jose.
  • Notable Downtown Attractions - Tenants are located within convenient access to many nearby city attractions such as Guadalupe River Park & SAP Center.
  • Convenient Access to Transportation Corridors - Including Interstate 680, Interstate 280, State Route 87, U.S. Route 101.

OVERVIEW

34 N 1st St is a stunning office investment opportunity located in the thriving downtown of San Jose, California. Situated on a parcel of land totaling 9,025 square feet, the subject property features a gross building area of approximately 43,125 square feet. The subject property is a rare large, vacant office that has a variety of potential uses from re-tenanting, owner-user, or redevelopment. Zoning on the property is Downtown Primary Commercial (DC) which has many permitted uses for most offices and financial services, general services, vehicle related uses, most general retail, agriculture, education and training, entertainment and recreation related uses, and more.* Nestled squarely in downtown San Jose, tenants at 34th N 1st St have convenient access to the various amenities, restaurants, and entertainment options that the city has to offer. The property is also situated adjacent to West Santa Clara St and CA 87, providing convenient access to the rest of the city as well as the wider Bay Area and East Bay. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the South Bay, 34 N 1st St presents an attractive choice for investors due to its close proximity to downtown, major employers, transportation corridors, shopping, dining, and entertainment options. *Buyer to Verify

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

DC

APN/PARCEL ID

467-21-021

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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