885-889 S 1st St - Storefront FOR SALE


San Jose, CA 95110
$4,600,000 USD
415-274-7392
885-889 S 1st St, San Jose, CA for Sale
$4,600,000 USD
Storefront - FOR SALE
1/20
null | 6.97% Cap Rate

885-889 S 1st St
San Jose, CA 95110


HIGHLIGHTS

  • Property includes 9 parking spaces behind the building for tenants and customers
  • 100% leased with short term leases allowing for flexibility and repositioning

OVERVIEW

Esperanza Plaza is a fully leased, mixed-use fee simple interest investment opportunity located at 885 & 889-899 South 1st Street in the vibrant area just outside San Jose’s South First Area (SoFA) District. The offering includes two separately parceled assets consisting of a 5-unit residential complex with ground floor retail, a standalone office/retail building, and a single-story retail storefront—all combined to approximately 10,018 SF of lot space. This investment offers a blend of stable income from existing leases and upside potential through redevelopment or repositioning in a rapidly growing part of San Jose.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$634 USD /SF

CAP RATE

6.97%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Esperanza Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,018 SF

ZONING

M-1

APN/PARCEL ID

264-36-074

ASK ABOUT THIS PROPERTY

Rachel KramCP Partners CREMore Info
415-274-7392

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Rachel KramCP Partners CREMore Info
415-274-7392

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