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Investment Highlights

  • Rare ±29,833 SF Residential Redevelopment Opportunity in San Jose
  • Strong Potential for Multifamily, Mixed-Use, Affordable, or Senior Housing Development
  • Excellent Location Near Hwy 280, Southwest Expressway & Downtown San Jose
  • Approximately ±220 FT of Frontage Along Meridian Ave
  • No Tenants in Place Allowing Immediate Redevelopment Flexibility

Executive Summary

Rare ±29,833 SF redevelopment opportunity located on highly desirable Meridian Ave in San Jose, CA. The property consists of two existing restaurant buildings situated on a large, well-positioned parcel with approximately ±220 feet of frontage along Meridian Ave. The current businesses are owner-operated and the property may be delivered vacant upon approximately 30 days notice, providing developers exceptional flexibility and ease of repositioning or redevelopment.
The property is zoned CP – Commercial Pedestrian and designated NCC – Neighborhood Community Commercial under the Envision San Jose 2040 General Plan, providing strong potential for multifamily, mixed-use residential, affordable housing, senior housing, and other higher-density redevelopment opportunities subject to City approval.
Strategically located just one parcel off the signalized corner of Meridian Ave and Fruitdale Ave, the property benefits from exceptional accessibility and connectivity within the Silicon Valley market. The site offers immediate access to Highway 280 and is located only approximately two blocks from Southwest Expressway. The property is also situated approximately two (2) miles from Downtown San Jose, placing it within close proximity to major employment centers, retail amenities, public transportation, and surrounding residential neighborhoods.

Property Facts

Price $6,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 0.68 AC
Zoning CP - Commercial Pedestrian

1 Lot Available

Lot

Price $6,900,000
Price Per AC $10,147,058.82
Lot Size 0.68 AC

Rare ±29,833 SF redevelopment opportunity on Meridian Ave with ±220 FT of frontage. Zoned CP with NCC General Plan designation allowing strong potential for multifamily, mixed-use, affordable housing, and other redevelopment opportunities.

Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
264-02-068
Land Assessment
$3,893,377
Improvements Assessment
$21,871
Total Assessment
$3,915,248
  • Listing ID: 40602450

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 910-916 Meridian Ave, San Jose, CA 95126

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