5599 Snell Ave | San Jose, CA 95123
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5599 Snell Ave
San Jose, CA 95123
Retail Property For Sale
Investment Highlights
- High Traffic Corner - Top Location!
- Outstanding Potential.
- Absentee Owner.
Executive Summary
Location: 5599 Snell Ave features a well-established Shell gas station with 3 bays and an accompanying snack shop.
Prime Positioning: This property occupies a top corner location in a bustling commercial area, ensuring high visibility and vehicle traffic. The total lot size is approximately 18,000 square feet, providing ample space for various business opportunities.
Operational Details: The properties currently operate daily from 8 AM to 10 PM, and the current structure allows for absentee ownership. Notably, the gas station holds a Type-20 ABC license that remains unused, presenting further potential for revenue generation.
Growth Potential: This property offers a remarkable opportunity for experienced operators to envision and implement renovations and expansions, unlocking its full potential. Coupled with easy freeway access, this location is primed for strategic redevelopment that can attract more customers and elevate overall business performance.
Income: 45,000 gallons/mo @ $0.80+ per gallon, $10,000/mo snack shop, $2,500/mo from smog shop.
Prime Positioning: This property occupies a top corner location in a bustling commercial area, ensuring high visibility and vehicle traffic. The total lot size is approximately 18,000 square feet, providing ample space for various business opportunities.
Operational Details: The properties currently operate daily from 8 AM to 10 PM, and the current structure allows for absentee ownership. Notably, the gas station holds a Type-20 ABC license that remains unused, presenting further potential for revenue generation.
Growth Potential: This property offers a remarkable opportunity for experienced operators to envision and implement renovations and expansions, unlocking its full potential. Coupled with easy freeway access, this location is primed for strategic redevelopment that can attract more customers and elevate overall business performance.
Income: 45,000 gallons/mo @ $0.80+ per gallon, $10,000/mo snack shop, $2,500/mo from smog shop.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,524 SF
Building Class
B
Year Built
1965
Price
$6,250,000
Price Per SF
$2,476
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.42 AC
Zoning
CN - Commercial Neighborhood
Parking
4 Spaces (2.42 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 464-14-002 | Improvements Assessment | $0 |
| Land Assessment | $934,170 | Total Assessment | $934,170 |
PROPERTY TAXES
Parcel Number
464-14-002
Land Assessment
$934,170
Improvements Assessment
$0
Total Assessment
$934,170
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