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1040 Park Ave
San Jose, CA 95126

Retail Property For Sale

Investment Highlights

  • Store Front Spaces
  • Small cozy sized units to large, grand units.
  • Trendy spaces

Executive Summary

Contact Agent For Pricing. Fully Leased Building Near Diridon Caltrain, Google Village, and Downtown San Jose. Tenant mix of mostly retail users. There is a fair amount of open common area spaces that can become leasable spaces and to increase income. Seller Financing at Attractive Rates. Leases have Landlord early termination clause. Great for Investors or Owner Users. Walk Score is 93.
The Sunol-Midtown neighborhood in San Jose embodies a charming small-town essence, boasting a delightful blend of residential and commercial spaces distinguished by unique architecture. The area exudes a cozy and inviting atmosphere, bustling with thriving businesses. Its prime location places it conveniently close to Downtown, the SAP Center, and an array of transportation options such as Diridon CalTrain, VTA stops, and multiple bus lines, along with easy access to freeways like 280, 87, 101, and 880. Residents benefit from a diverse culinary scene featuring favorites like Starbucks, Chipotle, Tony P's Bar & Grill, Whole Foods, and Safeway. Additionally, the neighborhood offers essential conveniences including FedEx/Kinkos, Walgreens, and CVS, along with the presence of a private elementary school. Fitness enthusiasts can enjoy various options such as Dance/Zumba studios, CrossFit, and Orange Theory Fitness, while numerous parks like Cahill Park with its basketball court, O'Connor Park, Del Monte Park, and the Guadelupe Trail cater to outdoor leisure activities. The area's continuous growth is evidenced by ongoing new developments, making Sunol-Midtown an ever-evolving and vibrant community within San Jose.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,508 SF
Building Class
C
Year Built/Renovated
1945/2015
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.12 AC
Zoning
GC - CP: Commercial Pedestrian
Parking
4 Spaces (0.42 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
261-41-041
Land Assessment
$142,028
Improvements Assessment
$781,177
Total Assessment
$923,205
  • Listing ID: 30726607

  • Date on Market: 1/22/2024

  • Last Updated:

  • Address: 1040 Park Ave, San Jose, CA 95126

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