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702 E Santa Clara St
San Jose, CA 95112
Retail Property For Sale
Executive Summary
We are pleased to present the exciting opportunity of owning a prime redevelopment property in downtown San Jose! Located at 702 E Santa Clara Street, this property boasts a lot size of approximately 9K sf with an approximate 8K sf retail/office building. Situated in a high-traffic area, the property benefits from its location at the intersection of Santa Clara Street and 15th street, which ensures maximum visibility and exposure for your business.
Notice: The owner is currently repainting both the interior and exterior of the building, enhancing its overall appeal. In addition, new tenants are in the process of finalizing lease agreements. Updated property photos and revised income details will be available soon.
The property's strategic location also places it just 5 minutes away from the future Google Village, San Jose Arena, and 2 minutes from San Jose City Hall, making it an ideal spot for businesses that want to be at the heart of the city's bustling activity.
Currently used as a mixed-use property with an existing gross rent income of $12,900 per month, the subject property offers a promising opportunity for future development. The property is perfect for a future office, retail, or mixed-use redevelopment project that can maximize the potential of the property and the area.
Don't miss out on this once-in-a-lifetime chance to own a prime redevelopment property in downtown San Jose! Whether you're looking for a solid investment opportunity or a great location to establish your business, this property has it all. Contact me today to schedule a viewing and start realizing your dream of owning a prime property in one of the most dynamic areas of San Jose!
Notice: The owner is currently repainting both the interior and exterior of the building, enhancing its overall appeal. In addition, new tenants are in the process of finalizing lease agreements. Updated property photos and revised income details will be available soon.
The property's strategic location also places it just 5 minutes away from the future Google Village, San Jose Arena, and 2 minutes from San Jose City Hall, making it an ideal spot for businesses that want to be at the heart of the city's bustling activity.
Currently used as a mixed-use property with an existing gross rent income of $12,900 per month, the subject property offers a promising opportunity for future development. The property is perfect for a future office, retail, or mixed-use redevelopment project that can maximize the potential of the property and the area.
Don't miss out on this once-in-a-lifetime chance to own a prime redevelopment property in downtown San Jose! Whether you're looking for a solid investment opportunity or a great location to establish your business, this property has it all. Contact me today to schedule a viewing and start realizing your dream of owning a prime property in one of the most dynamic areas of San Jose!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,836 SF
Building Class
C
Year Built
1951
NOI
$171,660
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.21 AC
Zoning
CG - CG Commercial General District
Parking
10 Spaces (1.27 Spaces per 1,000 SF Leased)
Frontage
64’ on 15TH ST
Amenities
- Signage
- Skylights
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 467-28-012 | Improvements Assessment | $113,781 |
| Land Assessment | $1,820,524 | Total Assessment | $1,934,305 |
Property Taxes
Parcel Number
467-28-012
Land Assessment
$1,820,524
Improvements Assessment
$113,781
Total Assessment
$1,934,305
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