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2874 Alum Rock Ave 3,480 SF 100% Leased Retail Building San Jose, CA 95127 $4,121,622 CAD ($1,184.37 CAD/SF)
Investment Highlights
- Fully occupied, providing immediate rental income for investors
- Prime frontage and visibility along Alum Rock Avenue, a highly traveled retail corridor
- Strong traffic counts drive excellent day-to-day customer exposure
- Multi-tenant retail building comprising ±3,486 square feet on a 0.47-acre parcel
- Surrounded by new high-density residential developments that increase consumer base
- Call listing brokers for more information
Executive Summary
2874 Alum Rock Avenue presents an outstanding opportunity to acquire a multi-tenant retail property within a densely populated San Jose corridor. Situated on a 0.47-acre parcel, the property features approximately 3,486 square feet of retail space designed to accommodate multiple businesses. It is fully occupied, ensuring an immediate income stream for investors seeking stabilized assets in thriving urban markets. The location offers direct frontage on Alum Rock Avenue, creating high visibility and consistent customer traffic. Surrounding development includes newly built multifamily housing and a wide selection of established retailers that enhance the neighborhood's foot traffic. CN zoning provides flexibility for various commercial uses, strengthening the long-term adaptability of the property. The parcel benefits from updated infrastructure, including recent sewer line improvements, and offers ADA compliance standards. With Silicon Valley’s strong economic fundamentals and continued growth, this asset combines dependable cash flow with potential appreciation, supported by one of the most dynamic markets nationally.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,480 SF
Building Class
C
Year Built
1964
Price
$4,121,622 CAD
Price Per SF
$1,184.37 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.47 AC
Zoning
C2 - CN Commercial Neighborhood District.
Parking
24 Spaces (6.88 Spaces per 1,000 SF Leased)
Frontage
108’ on Alum Rock Ave
Amenities
- Restaurant
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 484-20-039 | Improvements Assessment | $361,268 CAD |
| Land Assessment | $2,230,446 CAD | Total Assessment | $2,591,714 CAD |
Property Taxes
Parcel Number
484-20-039
Land Assessment
$2,230,446 CAD
Improvements Assessment
$361,268 CAD
Total Assessment
$2,591,714 CAD
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2874 Alum Rock Ave
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