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29719794
29719774

1182-1190 Lincoln Ave, San Jose, CA 95125

MC
CA 01718959
Cushman & Wakefield - San Jose/Silicon Valley, California
Listed by Cushman & Wakefield - San Jose/Silicon Valley, California
$4,488,000
26 days on market
Updated 26 days ago

1182-1190 Lincoln Avenue

Details
APN 439-42-097
Property Type Retail, Office (+1)
Sub Type Restaurant, Storefront (+1)
Square Footage 8,050
Units 10
Cap Rate 4.95%
Pro-Forma Cap Rate 6.19%
Price per SqFt $558
Broker Co-Op Yes
Year Built 1953
Buildings 1
Stories 2
Acreage 0.430
Zoning CP
Parking Spaces 24 spaces
Parking Per SqFt 2.98
Ground Lease No

Retail | 4.95% CAP | 8,050 SqFt

Marketing description

Cushman & Wakefield is pleased to present the rare opportunity to acquire “The Plaza”, a charming mixed-use office/retail property located in the heart of Willow Glen at 1182-1190 Lincoln Avenue, San Jose, California. Prominently situated on the highly trafficked Lincoln Avenue downtown corridor, the ±8,050 square foot building and large ±0.43 acre lot benefit from exceptional visibility, ample on-site and street parking, strong pedestrian activity, and proximity to nationally recognized retailers, restaurants, and neighborhood-serving amenities. The property features a complementary mix of ground-floor restaurant, retail and personal services tenants, and upper-level office users, providing diversified income streams and operational flexibility. Tenants are attracted to and benefit from direct street exposure and signage and the surrounding vibrant, amenity-rich downtown environment. The desirable Willow Glen area is characterized by affluent demographics, limited competing inventory or new supply, strong submarket fundamentals and sustained demand for boutique office and street-front retail space. The property is conveniently accessible to/from Downtown San Jose, Highway 87, and major Silicon Valley companies.

The asset offers the ability to acquire a core Willow Glen asset with long-term appreciation potential, supported by stable in-place income with
meaningful upside through market rent increases and/or repositioning, appealing to owner-users, value-add investors and/or covered land play developers. Don’t miss this compelling opportunity to secure a pride of ownership foothold in San Jose’s most resilient and sought-after downtown corridors.

Investment highlights

  • 1182-1190 Lincoln Avenue, San Jose, CA 95125
  • ±8,050 SF Two-Story Mixed-Use Building:
  • ±3,657 SF Ground Floor Retail
  • ±4,393 SF Second Floor Office
  • ±0.43 Acre Lot (±18,795 SF)
  • 100% Leased to Restaurant, Personal Services & Office Tenants
  • New Roof (2026)
  • 24 Parking Spaces, Plus Street Parking
  • Strong Visibility from Downtown Lincoln Avenue
  • Walk to Restaurants & Retail, including Willow Street Pizza, The Table, Peet’s, Starbucks, Philz, Susie Cakes, 20Twenty, Aqui, Crepevine
  • Year Built: 1953
  • Zoning: CP
  • 2040 General Plan: Neighborhood/Community Commercial (Redevelopment Potential)
  • Traffic Count: Lincoln Ave. 24K TDT
  • APN: 439-42-097

Listing Contacts

MC
CA 01718959
Cushman & Wakefield - San Jose/Silicon Valley, California
Listed by Cushman & Wakefield - San Jose/Silicon Valley, California

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