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80 Race St
San Jose, CA 95126
Retail Property For Sale
Investment Highlights
- Heavy Foot Traffic
Executive Summary
Great Opportunity on this Ideal Location Property. Currently Zoned as CP(Commercial Pedestrian) for contractors, landscapers, nurseries, EV charging stations, daycares, towing companies, and any other businesses looking for a yard and proximity to The Alameda and Downtown San Jose Property is occupied by two tenants on a month-month basis (nursery and a single family residential house) paying $10,700/month gross. Property was previously approved to be re-zoned into a 5,950 sf retail structure.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,600 SF
Building Class
C
Year Built
1950
Price
$3,137,793 CAD
Price Per SF
$1,206.84 CAD
Cap Rate
6.13%
NOI
$192,284 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.38 AC
Zoning
CP - Commercial Pedestrian
Parking
15 Spaces (5.77 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
Property Taxes
| Parcel Number | 261-29-001 | Improvements Assessment | $111,357 CAD |
| Land Assessment | $865,764 CAD | Total Assessment | $977,121 CAD |
Property Taxes
Parcel Number
261-29-001
Land Assessment
$865,764 CAD
Improvements Assessment
$111,357 CAD
Total Assessment
$977,121 CAD
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