1098 South 3rd Street, San Jose, CA 95112; Commercial For Sale; C-4 in Santa Clara County
1098 South 3rd Street, San Jose, CA 95112; Commercial For Sale; C-4 in Santa Clara County
098 South 3rd Street
1098 South 3rd Street, San Jose, CA 95112
Industrial Property For Sale
- Price:
- $3,950,000
- Building Size:
- 59,550 SF
- Price/SF:
- $66.33
- Property Type:
- Industrial
- Property Sub-type:
- Manufacturing
- Property Use Type:
- Investment
- Commission Split:
- 2%
- Cap Rate:
- 5%
- Occupancy:
- 100%
- No. Stories:
- 1
- Tenancy:
- Multiple
- Year Built:
- 1920
- Clear Ceiling Height:
- 20 ft.
- Lot Size:
- 1.36 AC
- APN / Parcel ID:
- 472-15-023
- Listing ID
- 18737845
- Last Updated
- 44 days ago
Utilities
- Fenced Yard
- Electricity/Power
Description
Proposed residential development or income investment. Approx 1.36 Ac parcel of land located on the NE corner of Keyes & South 3rd Streets in San Jose. Site is improved with 5 housing various auto service businesses. Located within a Center Core Redevelopment Area under the Martha Gardens Specific Plan. Designated for High Density (20-50 DU/AC) land use. Property is 100% leased.
Exceptional site for development with over 363 feet of frontage on Keyes Street. Adjacent to the Brickyard Condominium Development. Income opportunity for investors and developers. Please do not disturb tenants. Steinberg Architects Preliminary Planning Submittal design available. Escrow with Chicago Title Company. Escrow #13-99804794-JJ.
Financial Summary
Major Tenant Information
Debt & Equity Information
-
Actual
-
2013
-
$220,200
-
$220,200
-
$17,886
-
$202,314
-
$202,314