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1170 & 1180 N. 5th Street, San Jose 95112 1170 N 5th St 21,737 SF Industrial Building San Jose, CA 95112 $7,600,000 ($349.63/SF)
EXECUTIVE SUMMARY
1170 & 1180 N. 5th Street available. 1170 = Approximately 14,347 Sq. Ft. | 29,941 Sq. Ft. Lot | Asking $4,500,000. 1180 = Approximately 7,390 Sq. Ft. | 21,220 Sq. Ft. Lot | Asking $3,100,000. Great opportunity to own Industrial Property. So many options with this property! Purchase one or both pieces. There is a fully operational, turnkey machine shop that has been in business over 70 years. Option to purchase business as well. If business is not part of the sale, Machining equipment will be removed. Buildings have capability to be turned back into warehouse type space. New Silicon Rubber roof; fresh exterior paint. Phase 1 & Phase 2 Reports available upon request.
1170 Bldg: 480 V
3 phase-4W 277/480V, 600 V AC
240V 800 A 3 phase
1180 Bldg:
480V-1200A 3 phase
200 am 3 phase 208/120V
**Public records show different Square Footage, Buyer to verify. Permits provided are from previous Listing Agent, Buyer to investigate further.**
*Listing Agent is related to Seller.*
1170 Bldg: 480 V
3 phase-4W 277/480V, 600 V AC
240V 800 A 3 phase
1180 Bldg:
480V-1200A 3 phase
200 am 3 phase 208/120V
**Public records show different Square Footage, Buyer to verify. Permits provided are from previous Listing Agent, Buyer to investigate further.**
*Listing Agent is related to Seller.*
PROPERTY FACTS
| Price | $7,600,000 | Rentable Building Area | 21,737 SF |
| Price Per SF | $349.63 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1957 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.69/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.17 AC | ||
| Zoning | *LI | ||
| Price | $7,600,000 |
| Price Per SF | $349.63 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.17 AC |
| Rentable Building Area | 21,737 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Tenancy | Single |
| Parking Ratio | 0.69/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | *LI |
AMENITIES
- Courtyard
- Fenced Lot
- Security System
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Babbitt Bearing Co., Inc.
- Manufacturing
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Babbitt Bearing Co., Inc. | Manufacturing | - | - | - |
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Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 235-12-008 | Improvements Assessment | $1,156,738 |
| Land Assessment | $658,436 | Total Assessment | $1,815,174 |
PROPERTY TAXES
Parcel Number
235-12-008
Land Assessment
$658,436
Improvements Assessment
$1,156,738
Total Assessment
$1,815,174
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Presented by
Quintessential Real Estate Firm, Inc.
1170 & 1180 N. 5th Street, San Jose 95112 | 1170 N 5th St
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