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1998 Alum Rock Ave 7,486 SF Office Building San Jose, CA 95116 $5,478,986 CAD ($731.90 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime Location: Proximity to major freeways (101, 280, 680, and 880) ensures easy access to and from the property.
  • Investment Potential: Located in a high-growth area with substantial redevelopment potential, making it an ideal investment opportunity.
  • Public Transport: Close to light rail stations and the future BART station, offering excellent public transport options.Nearby Amenities: Minutes away

EXECUTIVE SUMMARY

1998 Alum Rock Ave, San Jose, CA is a prime medical office building, boasting approximately 7,486 square feet, is situated on a generous 24,028 square foot lot (0.55 acres) with newly secured parking lot. Constructed in 1956, the property has been meticulously maintained and upgraded. During their lease period, the previous tenant invested $1.25 million in improvements, transforming the space into a state-of-the-art Dental Surgery Center, far surpassing the amenities of a typical dental office.
Strategically located in the San Jose Alum Rock Ave Urban Village Area, this property presents an exceptional value-add opportunity for residential redevelopment. The area is earmarked for significant growth and revitalization, enhancing the potential for future appreciation.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
7,486 SF
Building Class
C
Year Built
1956
Price
$5,478,986 CAD
Price Per SF
$731.90 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,486 SF
Building FAR
0.31
Lot Size
0.55 AC
Zoning
C3/R1, San Jose - Medical office /Office/ residential redevelopment.
Parking
23 Spaces (3.07 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Accent Lighting
  • Reception
  • Storage Space
  • Central Heating
  • High Ceilings
  • Natural Light
  • Recessed Lighting
  • Drop Ceiling
  • Yard
  • Air Conditioning
  • Smoke Detector

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 7,486 SF
  • Medical
  • -
  • Now

1998 Alum Rock Ave, San Jose, CA is a prime medical office building, boasting approximately 7,486 square feet, is situated on a generous 24,028 square foot lot (0.55 acres) with newly secured parking lot. Constructed in 1956, the property has been meticulously maintained and upgraded. During their lease period, the previous tenant invested $1.25 million in improvements, transforming the space into a state-of-the-art Dental Surgery Center, far surpassing the amenities of a typical dental office.

Space Size Space Use Condition Available
1st Floor 7,486 SF Medical - Now

1st Floor

Size
7,486 SF
Space Use
Medical
Condition
-
Available
Now

1st Floor

Size 7,486 SF
Space Use Medical
Condition -
Available Now

1998 Alum Rock Ave, San Jose, CA is a prime medical office building, boasting approximately 7,486 square feet, is situated on a generous 24,028 square foot lot (0.55 acres) with newly secured parking lot. Constructed in 1956, the property has been meticulously maintained and upgraded. During their lease period, the previous tenant invested $1.25 million in improvements, transforming the space into a state-of-the-art Dental Surgery Center, far surpassing the amenities of a typical dental office.

Walk Score®
Very Walkable (81)
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
481-19-143
Land Assessment
$3,744,151 CAD
Improvements Assessment
$2,589,705 CAD
Total Assessment
$6,333,856 CAD
  • Listing ID: 34511796

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 1998 Alum Rock Ave, San Jose, CA 95116

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