421 E Santa Clara St - Storefront Retail/Office FOR SALE


San Jose, CA 95113
$1,750,000 USD
310-704-3616
421 E Santa Clara St, San Jose, CA for Sale
$1,750,000 USD
Storefront Retail/Office - FOR SALE
1/50
null | Request Cap Rate

421 E Santa Clara St
San Jose, CA 95113


HIGHLIGHTS

  • A block from San Jose State University
  • close to downtown San Jose
  • Major Retail Street location
  • direct access to the freeway
  • 2 retail spaces and 4 apt units
  • Adjacent to residential area

OVERVIEW

Braun International is proud to present this exclusive mixed-use property at 421 E. Santa Clara Avenue, San Jose, CA. This 4,640-square-foot building, situated on a 4,260-square-foot lot, offers a versatile layout suitable for a variety of uses. Built in 1927, this trust sale property is being sold as-is, offering significant potential for investment or redevelopment. For decades, this property was home to the iconic Licursi Men's Hair Styling Studio, a renowned barbershop that served the San Jose community for decades. The building’s rich history and timeless charm are reflected in its Spanish-influenced architecture, featuring elegant wood archways and spacious interiors. The second floor houses four one bedroom generously sized apartments. Bathrooms feature art deco styling with colorful tilework, adding a touch of luxury to the property. Additionally, a backyard area offers potential for outdoor space. Located just one block from San Jose State University and City Hall, and a mile or so from downtown San Jose, this property benefits from high visibility, pedestrian traffic, and easy access to the 87 Freeway. Backing up to a densely populated residential area and surrounded by restaurants, shops, and businesses, this location is ideal for both mixed-use and residential investment opportunities. Terms of Sale: This property is being offered as-is, as part of a trust sale. The sale includes all personal property remaining on-site, which will be transferred to the new owner. This includes existing appliances, furnishings, and equipment. No warranties, repairs, or guarantees will be provided by the seller, and the property is being sold in its current condition. Buyers are advised to conduct all due diligence prior to purchase, as the Trustee and Braun International make no representations regarding the property’s condition or potential uses. Buyer to execute Braun International's hold harmless addendum. Seller will include personal property at no cost to the buyer as part of the purchase price of the real property. Seller will not remove the personal property. One apt is occupied and will be conveyed with tenant, all other apts and retail space will be vacant at time of sale. The property is being sold as part of a Probate Administration. Any sale can only be completed 15 days after all beneficiaries are given a Notice of Proposed Action "NOPA". If there is no objection to the NOPA, escrow will proceed to closure. If any beneficiary objects to the NOPA, then the Trustee at their option may seek court conformation of the sale. Such procedure can take 7 to 10 weeks. In a rare situation, the seller may elect not to seek confirmation, if this occurs, then any contract for purchase and sale of the property will be deemed void. Neither the Trustee nor the Buyer will have any further legal obligations except that the Trustee will return to Buyer any and all deposits. If the court does not confirm the sale, then any contract for purchase and sale of the property will be deemed void. Trustee will return to Buyer any and all deposits. This unique offering provides an incredible opportunity to own a property with historic charm and significant redevelopment potential in one of San Jose’s most vibrant neighborhoods. Combining historic appeal with an unbeatable location, this property represents a rare chance to own a piece of San Jose’s history. Don’t miss out—contact Braun International today for more information.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$377 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

In the heart of San Jose and the University

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C3

APN/PARCEL ID

467-17-091

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

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