Rare 1,263 SF Office/Medical/Retail Bldg. | 1057 Lincoln Ave
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Rare 1,263 SF Office/Medical/Retail Bldg. 1057 Lincoln Ave
1,263 SF 4-Star Office Building San Jose, CA 95125 £1,045,557 (£828/SF)
Investment Highlights
- Rare 1,263 SF Office/Medical/Retail Owner User Opportunity in Downtown Willow Glen
- The Property was Fully Remodeled in 2017 and is in Excellent Condition
- CP – Commercial Pedestrian Zoning Designation
- Building will be Delivered Vacant at Close of Escrow
- The Property has a Dedicated Parking Lot in the Rear with 3 Parking Spaces
- High Barrier to Entry Market in Downtown Willow Glen
Executive Summary
- Owner User Opportunity, 1,263 SF Office Building Located on the Corner of Lincoln Ave & Garfield Ave in Downtown Willow Glen.
- The Property will be Delivered Vacant at Close of Escrow for an Owner User.
- The property was Fully Remodeled in 2017 and is in Excellent Condition.
- Insulated Walls, New HVAC, New Water Heater, New Electrical Wiring and SVC Panel.
- ADA Compliant (Handicap Parking, Ramp, and Bathroom).
- Full Brand-New Shower in the Restroom.
- Security Cameras with Security System in the Basement.
- Large Basement not Included in the Square Footage.
- The Property has a Dedicated Parking Lot in the Rear with 3 Parking Spaces.
- The property is in the CP – Commercial Pedestrian zoning designation which allows for uses such as, professional office, medical office, retail services, personal services, animal boarding, animal grooming, veterinary clinics, and many more.
- CP – Commercial Pedestrian Zoning and NCC – Neighborhood/Community Commercial General Plan Designation.
- High Barrier to Entry Market in Downtown Willow Glen.
- The Property will be Delivered Vacant at Close of Escrow for an Owner User.
- The property was Fully Remodeled in 2017 and is in Excellent Condition.
- Insulated Walls, New HVAC, New Water Heater, New Electrical Wiring and SVC Panel.
- ADA Compliant (Handicap Parking, Ramp, and Bathroom).
- Full Brand-New Shower in the Restroom.
- Security Cameras with Security System in the Basement.
- Large Basement not Included in the Square Footage.
- The Property has a Dedicated Parking Lot in the Rear with 3 Parking Spaces.
- The property is in the CP – Commercial Pedestrian zoning designation which allows for uses such as, professional office, medical office, retail services, personal services, animal boarding, animal grooming, veterinary clinics, and many more.
- CP – Commercial Pedestrian Zoning and NCC – Neighborhood/Community Commercial General Plan Designation.
- High Barrier to Entry Market in Downtown Willow Glen.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,263 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1931/2017
Price
£1,045,557
Price Per SF
£828
Tenancy
Single
Number of Floors
1
Typical Floor Size
1,263 SF
Building FAR
0.30
Lot Size
0.10 AC
Zoning
CP
Parking
3 Spaces (2.38 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (83)
PROPERTY TAXES
Parcel Number | 264-57-074 | Improvements Assessment | £164,848 |
Land Assessment | £366,331 | Total Assessment | £531,179 |
PROPERTY TAXES
Parcel Number
264-57-074
Land Assessment
£366,331
Improvements Assessment
£164,848
Total Assessment
£531,179
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Rare 1,263 SF Office/Medical/Retail Bldg. | 1057 Lincoln Ave
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