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404 E Evelyn Ave 2,653 SF 100% Leased Retail Building Sunnyvale, CA 94086 $2,600,000 ($980.02/SF)
Investment Highlights
- GREAT VISIBILITY AND SIGNAGE
- WALK TO CALTRAIN
- VALUE ADD OPPORTUNITY
- DOWNTOWN CORNER LOCATION
- DEVELOPEMENT / INVESTOR / OWNER-USER
- OCCUPIED BY A DAYCARE WITH OUTDOOR PLAY AREA
Executive Summary
New For Sale.
Stetson Earhart is pleased to exclusively bring 404 E. Evelyn Avenue, Sunnyvale to the market for sale.
404 E. Evelyn Avenue is +/- 10,720 SF corner parcel which includes one +/- 1,350 commercial retail building occupied by a Existing Daycare and one +/- 600 SF single-family home. (BUYER TO VERIFY SQUARE FOOTAGE)
Walking distance from Caltrain and downtown Sunnyvale, the property is close to Hwy 101, Hwy 85, and Central Expressway, allowing for easy access to commuters.
The commercial building is currently occupied by a daycare tenant whose lease ends in August 2027, allowing for a new owner to have instant cash flow or an owner-user to occupy once the term is up.
The small single-family home is vacant, ready for a value-add remodel, has its owner metering and front area for parking with a small backyard.
The property is perfect for a developer, investor or owner-user.
*DO NOT DISTURB TENANT*
Buyer to verify square footage and all information.
Stetson Earhart is pleased to exclusively bring 404 E. Evelyn Avenue, Sunnyvale to the market for sale.
404 E. Evelyn Avenue is +/- 10,720 SF corner parcel which includes one +/- 1,350 commercial retail building occupied by a Existing Daycare and one +/- 600 SF single-family home. (BUYER TO VERIFY SQUARE FOOTAGE)
Walking distance from Caltrain and downtown Sunnyvale, the property is close to Hwy 101, Hwy 85, and Central Expressway, allowing for easy access to commuters.
The commercial building is currently occupied by a daycare tenant whose lease ends in August 2027, allowing for a new owner to have instant cash flow or an owner-user to occupy once the term is up.
The small single-family home is vacant, ready for a value-add remodel, has its owner metering and front area for parking with a small backyard.
The property is perfect for a developer, investor or owner-user.
*DO NOT DISTURB TENANT*
Buyer to verify square footage and all information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,653 SF
Building Class
C
Year Built
1939
Price
$2,600,000
Price Per SF
$980.02
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.25 AC
Zoning
C4
Parking
8 Spaces (4 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Corner Lot
- Signage
- Skylights
- Storage Space
- Monument Signage
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 209-04-052 | Improvements Assessment | $73,147 |
| Land Assessment | $42,475 | Total Assessment | $115,622 |
Property Taxes
Parcel Number
209-04-052
Land Assessment
$42,475
Improvements Assessment
$73,147
Total Assessment
$115,622
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404 E Evelyn Ave
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