This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

480 N 1st St, San Jose 480 N 1st St

17,290 SF Vacant Office Building San Jose, CA 95112 $6,900,000 ($399/SF)

Investment Highlights

  • Located on a busy VTA Light Rail line
  • Ideal for educational facility or medical offices
  • Close to Downtown San Jose
  • This property allows heavy power usage.

Executive Summary

Great opportunity for owner-user or investment close to downtown San Jose and right next to a busy VTA light rail stop! Ideal for medical offices or educational / school related business. Major updates by previous owners in 2016-17 with ADA compliance, etc. Elevator, fire alarm system and lots of rooms and meeting spaces of different sizes. Clean Phase 1 from 2016. Owner may carry up to $3M for qualified buyer. Also available for lease at $1.50/sf NNN.
Video and slide show here:
https://480nfirst.com/?a=1

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
17,290 SF
Building Class
B
Year Built/Renovated
1957/2017
Price
$6,900,000
Price Per SF
$399
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,645 SF
Building FAR
0.67
Lot Size
0.59 AC
Zoning
CO - Commercial Office
Parking
47 Spaces (2.72 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Conferencing Facility
  • Security System
  • Kitchen
  • Central Heating
  • Direct Elevator Exposure
  • Natural Light
  • Drop Ceiling
  • Wi-Fi
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,200 SF
  • Office
  • Full Build-Out
  • Now

Great opportunity for owner-user or investment close to downtown San Jose and right next to a busy VTA light rail stop! Ideal for medical offices or educational / school related business. Major updates by previous owners in 2016-17 with ADA compliance, etc. Elevator, fire alarm system and lots of rooms and meeting spaces of different sizes. Clean Phase 1 from 2016. Owner may carry up to $3M for qualified buyer. Also available for lease at $1.50/sf NNN. Video and slide show here: https://480nfirst.com/?a=1

  • 2nd Floor
  • 10,090 SF
  • Office
  • Full Build-Out
  • Now

Great opportunity for owner-user or investment close to downtown San Jose and right next to a busy VTA light rail stop! Ideal for medical offices or educational / school related business. Major updates by previous owners in 2016-17 with ADA compliance, etc. Elevator, fire alarm system and lots of rooms and meeting spaces of different sizes. Clean Phase 1 from 2016. Owner may carry up to $3M for qualified buyer. Also available for lease at $1.50/sf NNN as a whole. If demised, lease amount will be higher. Video and slide show here: https://480nfirst.com/?a=1

Space Size Space Use Condition Available
1st Floor 7,200 SF Office Full Build-Out Now
2nd Floor 10,090 SF Office Full Build-Out Now

1st Floor

Size
7,200 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
10,090 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 7,200 SF
Space Use Office
Condition Full Build-Out
Available Now

Great opportunity for owner-user or investment close to downtown San Jose and right next to a busy VTA light rail stop! Ideal for medical offices or educational / school related business. Major updates by previous owners in 2016-17 with ADA compliance, etc. Elevator, fire alarm system and lots of rooms and meeting spaces of different sizes. Clean Phase 1 from 2016. Owner may carry up to $3M for qualified buyer. Also available for lease at $1.50/sf NNN. Video and slide show here: https://480nfirst.com/?a=1

2nd Floor

Size 10,090 SF
Space Use Office
Condition Full Build-Out
Available Now

Great opportunity for owner-user or investment close to downtown San Jose and right next to a busy VTA light rail stop! Ideal for medical offices or educational / school related business. Major updates by previous owners in 2016-17 with ADA compliance, etc. Elevator, fire alarm system and lots of rooms and meeting spaces of different sizes. Clean Phase 1 from 2016. Owner may carry up to $3M for qualified buyer. Also available for lease at $1.50/sf NNN as a whole. If demised, lease amount will be higher. Video and slide show here: https://480nfirst.com/?a=1

Walk Score ®
Very Walkable (83)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
249-43-087
Land Assessment
$2,806,646
Improvements Assessment
$4,026,012
Total Assessment
$6,832,658
  • Listing ID: 32160490

  • Date on Market: 6/17/2024

  • Last Updated:

  • Address: 480 N 1st St, San Jose, CA 95112

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}