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80 Race St 2,600 SF Retail Building San Jose, CA 95126 $3,152,688 CAD ($1,212.57 CAD/SF) 6.13% Cap Rate
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
$3,152,688 CAD
Price Per SF
$1,212.57 CAD
Cap Rate
6.13%
NOI
$193,197 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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Middlebrook Interior Landscape Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Middlebrook Interior Landscape Inc | Professional, Scientific, and Technical Services | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 261-29-001 | Improvements Assessment | $111,810 CAD |
| Land Assessment | $869,291 CAD | Total Assessment | $981,102 CAD |
Property Taxes
Parcel Number
261-29-001
Land Assessment
$869,291 CAD
Improvements Assessment
$111,810 CAD
Total Assessment
$981,102 CAD
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80 Race St
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