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586 N 1st St
San Jose, CA 95112
Ayer Station Executive Suites · Office Property For Sale
Investment Highlights
- The property is an 18-minute light rail ride from Downtown San Jose.
- Ayer Station offers expandable full service private office suites and parking for the building tenants.
- The building features freshly renovated interiors and a large lobby.
- Stabilizing the asset will yield a 6.5% CAP
Property Facts
Property Type
Office
Property Subtype
Office/Residential
Building Size
16,438 SF
Building Class
C
Year Built/Renovated
1947/2019
Percent Leased
97%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,219 SF
Slab To Slab
9’
Building FAR
0.75
Lot Size
0.50 AC
Zoning
CO - commercial office
Parking
36 Spaces (2.19 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Bus Line
- Conferencing Facility
- Restaurant
- Signage
- Kitchen
- Wi-Fi
- Monument Signage
Property Taxes
| Parcel Number | 249-43-050 | Improvements Assessment | $97,282 |
| Land Assessment | $2,190,319 | Total Assessment | $2,287,601 |
Property Taxes
Parcel Number
249-43-050
Land Assessment
$2,190,319
Improvements Assessment
$97,282
Total Assessment
$2,287,601
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