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Multi-Tenant Office/Retail - Owner User 1648 Alum Rock Ave 1,175 SF 100% Leased Office Building San Jose, CA 95116 $1,100,000 ($936.17/SF)
Executive Summary
RARE SMALL FREESTANDING COMMERCIAL ASSET
• Two separate commercial buildings situated on one parcel
• Rare corner-lot property with dedicated on-site parking
• Approximately ±7,200 SF parcel in a dense infill San Jose location
BUILDING SIZE DISCLOSURE
• Public records reflect approximately ±1,175 SF
• Aerial measurements and broker observations indicate combined improvements appear closer to approximately ±2,000 SF combined
• Buyer to independently verify actual building square footage and all property details
OWNER-USER OR INVESTMENT OPPORTUNITY
• Configured as four (4) suites with flexible occupancy options
• All current tenants are on month-to-month leases
• Ideal opportunity for an owner-user to occupy one or both buildings
FLEXIBLE URBAN VILLAGE ZONING
• Zoned UV (Urban Village) within the Alum Rock / Little Portugal Urban Village Plan
• Allows for retail, office, medical office, and service commercial uses
STRONG VISIBILITY & ACCESS
• Prominent corner location along Alum Rock Ave
• Excellent street frontage and signage exposure
• Dedicated parking lot serving both buildings
• Convenient access to surrounding residential and commercial neighborhoods
• Two separate commercial buildings situated on one parcel
• Rare corner-lot property with dedicated on-site parking
• Approximately ±7,200 SF parcel in a dense infill San Jose location
BUILDING SIZE DISCLOSURE
• Public records reflect approximately ±1,175 SF
• Aerial measurements and broker observations indicate combined improvements appear closer to approximately ±2,000 SF combined
• Buyer to independently verify actual building square footage and all property details
OWNER-USER OR INVESTMENT OPPORTUNITY
• Configured as four (4) suites with flexible occupancy options
• All current tenants are on month-to-month leases
• Ideal opportunity for an owner-user to occupy one or both buildings
FLEXIBLE URBAN VILLAGE ZONING
• Zoned UV (Urban Village) within the Alum Rock / Little Portugal Urban Village Plan
• Allows for retail, office, medical office, and service commercial uses
STRONG VISIBILITY & ACCESS
• Prominent corner location along Alum Rock Ave
• Excellent street frontage and signage exposure
• Dedicated parking lot serving both buildings
• Convenient access to surrounding residential and commercial neighborhoods
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,175 SF
Building Class
C
Year Built
1979
Price
$1,100,000
Price Per SF
$936.17
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,175 SF
Building FAR
0.16
Lot Size
0.17 AC
Zoning
UV - Urban Village
Parking
9 Spaces (7.02 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Convenience Store
- Restaurant
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 481-15-098 | Improvements Assessment | $209,198 |
| Land Assessment | $146,230 | Total Assessment | $355,428 |
Property Taxes
Parcel Number
481-15-098
Land Assessment
$146,230
Improvements Assessment
$209,198
Total Assessment
$355,428
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Multi-Tenant Office/Retail - Owner User | 1648 Alum Rock Ave
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