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Investment Highlights

  • Store Front Spaces
  • Small cozy sized units to large, grand units.
  • Trendy spaces

Executive Summary

Contact Agent For Pricing. Fully Leased Building Near Diridon Caltrain, Google Village, and Downtown San Jose. Tenant mix of mostly retail users. There is a fair amount of open common area spaces that can become leasable spaces and to increase income. Seller Financing at Attractive Rates. Leases have Landlord early termination clause. Great for Investors or Owner Users. Walk Score is 93.
The massive Google Village campus project is still in the works and some of the areas have already undergone some transformation.
The Sunol-Midtown neighborhood in San Jose embodies a charming small-town essence, boasting a delightful blend of residential and commercial spaces distinguished by unique architecture. The area exudes a cozy and inviting atmosphere, bustling with thriving businesses. Its convenient location places it conveniently close to Downtown, the SAP Center, and an array of transportation options such as Diridon CalTrain, multiple bus and VTA stops, and easy access to freeways: 280, 87, 101, and 880. The neighborhood offers a diverse retail scene featuring favorites like Starbucks, Voyager Roastery & Bakery, Crema Coffee Roasting Co., Chipotle, Tony P's Bar & Grill, Whole Foods, and Safeway. Additionally, the neighborhood offers other conveniences like FedEx/Kinkos, Walgreens, along with a private preschool. Fitness enthusiasts can enjoy various options such as Martial arts, Dance/Zumba studios, CrossFit, and Orange Theory Fitness, while numerous parks like Cahill Park with its basketball court, O'Connor Park, Del Monte Park, and the Guadelupe Trail cater to outdoor leisure activities. The area's continuous growth is evidenced by ongoing new developments, making Sunol-Midtown an ever-evolving and vibrant community within San Jose.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,508 SF
Building Class
C
Year Built/Renovated
1945/2015
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.12 AC
Zoning
GC - CP: Commercial Pedestrian
Parking
4 Spaces (0.42 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100

Nearby Major Retailers

Corepower Yoga
CrossFit
Community Bank of California
Smart & Final
Whole Foods
Five Guys
Chase Bank
Safeway
Peet's Coffee
Starbucks

Property Taxes

Property Taxes

Parcel Number
261-41-041
Land Assessment
$147,765
Improvements Assessment
$812,736
Total Assessment
$960,501
  • Listing ID: 30726607

  • Date on Market: 1/22/2024

  • Last Updated:

  • Address: 1040 Park Ave, San Jose, CA 95126

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