Listed by Colliers - San Francisco - Pleasanton, California
$2,195,000
78-80 Race Street
Details
Property Type Retail, Mixed Use
Sub Type Storefront
Square Footage 2,600
Units 15
Cap Rate 6.12%
NOI $140,400
Tenancy Vacant
Price per SqFt $844
Year Built 1950
Buildings 2
Acreage 0.380
Zoning CP (Commercial Pedestrian)
Parking Spaces 15 spaces
Parking Per SqFt 5.77
Investment Type Owner/User
Ground Lease No
Storefront Retail Opportunity In San Jose
Marketing description
Introducing an exceptional investment opportunity in the San Jose area: a prime 2,600 SF retail building. This property presents an ideal space for retail and street retail investors looking to establish a presence in this thriving commercial hub. With its strategic location, this building offers high visibility and access, setting the stage for success. The property’s historical charm, paired with its versatile zoning and ample square footage, provides an enticing prospect for savvy investors seeking to capitalize on the dynamic retail landscape of San Jose.
Investment highlights
- Proximity to Downtown San Jose core
- Minutes from Diridon Station, one of the Bay Area’s largest transit hubs (Caltrain, Amtrak, VTA, future BART)
- Near the planned Google Downtown West
- Access to a large and growing employment base in Silicon Valley
- Strong regional economy San Jose is a major technology and innovation hub
- Within a transitional urban corridor blending residential neighborhoods (St.
- Leo’s / Rose Garden), retail and service commercial uses, & emerging mixed-use developments
- Quick connectivity to CA-87, I-280, 1-880
- This location supports both commuter traffic and neighborhood-serving retail.
- High pedestrian activity and neighborhood foot traffic
- Highway Access: 880, 280, 87
Listing Contacts
Listed by Colliers - San Francisco - Pleasanton, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,400.00
$11,700.00/mo
Valuation Metrics
0
DSCR
6.4%
Cap Rate
6.4%
ROI
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