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175 Lewis Rd

2,605 SF Industrial Condo Unit Offered at $1,099,999 in San Jose, CA 95111

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Investment Highlights

New Electrical Panel

Executive Summary

Great Opportunity to Own a Commercial condo in a great location!! Currently Operation as a Machine shop. The tenant would like to sign a long Lease ( with Options) of up to $1.90 per sq plus NNN or Tenant needs 4-6 months of rent back to Relocate Cap- Rate is around 4.8% Seller Concession is available! Please call or Text is Best Man Hoang (408)908-8708 for more details

Property Facts

Price	$1,099,999	Building Class	C
Unit Size	2,605 SF	Floors	1
No. Units	1	Typical Floor Size	45,304 SF
Total Building Size	45,304 SF	Year Built	1987
Property Type	Flex (Condo)	Lot Size	1.71 AC
Property Subtype	Light Manufacturing Industrial Distribution Industrial Service	Parking Ratio	2/1,000 SF
Sale Type	Investment	Sale Conditions	Sale Leaseback

Price	$1,099,999
Unit Size	2,605 SF
No. Units	1
Total Building Size	45,304 SF
Property Type	Flex (Condo)
Property Subtype	Light Manufacturing Industrial Distribution Industrial Service
Sale Type	Investment
Building Class	C
Floors	1
Typical Floor Size	45,304 SF
Year Built	1987
Lot Size	1.71 AC
Parking Ratio	2/1,000 SF
Sale Conditions	Sale Leaseback

1 Unit Available

Unit 22

Unit Size	2,605 SF	Cap Rate	5.00%
Price	$1,099,999	NOI	$54,999.95
Price Per SF	$422.26	No. Parking Spaces	4
Condo Use	Industrial	Sale Conditions	Sale Leaseback
Sale Type	Investment	APN/Parcel ID	497-31-046

Unit Size	2,605 SF
Price	$1,099,999
Price Per SF	$422.26
Condo Use	Industrial
Sale Type	Investment
Cap Rate	5.00%
NOI	$54,999.95
No. Parking Spaces	4
Sale Conditions	Sale Leaseback
APN/Parcel ID	497-31-046

Description

New Electrical Panel, Laminate Flooring, Ceiling Installations, and LED Lights Upgrade in 2022 This unit has office space, warehouse space, a Separate Restroom, ample parking, a Rolling Door, and a Gated Entrance.