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- LoopNet Team
390 S Abel St
Milpitas, CA 95035
Hindu Temple / Office Reuse Opportunity · Specialty Property For Sale
·
30,002 SF
PROPERTY FACTS
| Property Type | Specialty | Building Size | 30,002 SF |
| Property Subtype | School | No. Stories | 2 |
| Building Class | C | Year Built | 1984 |
| Lot Size | 1.50 AC | Parking Ratio | 3.33/1,000 SF |
| Zoning | MXD | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 30,002 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 3.33/1,000 SF |
| Zoning | MXD |
AMENITIES
- Signage
ABOUT 390 S ABEL ST , MILPITAS, CA 95035
Davide F. Pio of BCRE with assistance from Sumii Jhingon are proud to present an office reuse opportunity currently being used as a Hindu temple, an asset with a prominent religious presence in the East Bay and Silicon Valley with a variety of applications depending on the purchaser. Milpitas tends to draw on a workforce from the East Bay in addition to San Jose, and the asset sits 1.6 miles from the soon to open Milpitas BART station in late 2019. The asset has been a religious organization for over a decade. Although city permits would still be required, another religious or welfare related-use would be able to occupy the space without going through the time-consuming process of a conditional use permit (CUP). Additionally, the 30,000 Sq. Ft. building could be used by an incoming owner user purchaser or likewise by an investor who could lease the project out in an ever-tightening vacancy and increasing rents.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $8,437,028 | |
| Land Assessment | $7,161,763 | Total Assessment | $15,598,791 |
PROPERTY TAXES
