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LIKE NEW INDUSTRIAL, RETAIL SHOWROOM BLDS. 456-460 Meridian Ave 18,751 SF Retail Building San Jose, CA 95126 $11,950,000 ($637.30/SF)
INVESTMENT HIGHLIGHTS
- 2 Industrial/Retail Showroom Properties For Sale - Currently 2 Motorcycle Dealerships
- The Two Properties can be Acquired Separately or Together as a Portfolio Sale
- Recent Renovations - Substantial Capital Improvements
- Owner User Opportunity: Both Properties will be Delivered Vacant at the Close of Escrow
- The Two Buildings Total 18,751 SF on a 1.27-Acre Lot (456 Meridian is 9,775 SF & 460 Meridian is 8,976 SF)
- Upscale Showrooms, Offices, Storage/Warehouse, Large Service Center, 75 Parking Spaces, 2 Roll Up Doors
EXECUTIVE SUMMARY
- Rare opportunity to acquire two single tenant industrial/retail showroom buildings which are currently owner occupied as Motorcycle Dealerships.
- Owner User Opportunity: Both properties will be delivered vacant at the close of escrow.
- The two properties can be acquired separately or together as a portfolio sale.
- The two buildings total 18,751 square feet on a 1.27-acre lot.
- 456 Meridian is 9,775 square feet on a 0.93-acre lot.
- 460 Meridian is 8,976 square feet on a 0.34-acre lot.
- Both properties have very upscale showrooms, offices, storage/warehouse, and they share a large service center.
- Both properties have substantial capital improvements and are in excellent condition, new roof with a 20-year warranty and 4 new HVAC units both were installed in January 2025.
- Each property has 1 grade level roll up door.
- Large Rear Lot with Ample Parking (75 parking spaces).
- Located on Meridian Avenue between Parkmoor Avenue & Saddle Rack St.
- Excellent signage and visibility with very high traffic counts along Meridian Avenue.
- Easy access to Interstate 280 and only 1.6 miles from Stevens Creek Boulevard.
- Owner User Opportunity: Both properties will be delivered vacant at the close of escrow.
- The two properties can be acquired separately or together as a portfolio sale.
- The two buildings total 18,751 square feet on a 1.27-acre lot.
- 456 Meridian is 9,775 square feet on a 0.93-acre lot.
- 460 Meridian is 8,976 square feet on a 0.34-acre lot.
- Both properties have very upscale showrooms, offices, storage/warehouse, and they share a large service center.
- Both properties have substantial capital improvements and are in excellent condition, new roof with a 20-year warranty and 4 new HVAC units both were installed in January 2025.
- Each property has 1 grade level roll up door.
- Large Rear Lot with Ample Parking (75 parking spaces).
- Located on Meridian Avenue between Parkmoor Avenue & Saddle Rack St.
- Excellent signage and visibility with very high traffic counts along Meridian Avenue.
- Easy access to Interstate 280 and only 1.6 miles from Stevens Creek Boulevard.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
18,751 SF
Building Class
B
Year Built
1966
Price
$11,950,000
Price Per SF
$637.30
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
1.27 AC
Zoning
LI - Light Industrial
Parking
75 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Martin Chirotarrab
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Martin Chirotarrab | - | - | - | - |
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,362,104 | |
| Land Assessment | $4,700,000 | Total Assessment | $6,062,104 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,700,000
Improvements Assessment
$1,362,104
Total Assessment
$6,062,104
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LIKE NEW INDUSTRIAL, RETAIL SHOWROOM BLDS. | 456-460 Meridian Ave
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