Rare 2,230 SF Owner User Opportunity | 174-176 S Main St
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Rare 2,230 SF Owner User Opportunity 174-176 S Main St
2,230 SF Office Building Milpitas, CA 95035 £1,364,111 (£612/SF)
Investment Highlights
- Rare Freestanding 2,230 SF Retail/Office/Medical Owner User Opportunity
- Zoning Allows for Medical or Dental Offices & Clinics, Retail, Veterinarian Clinics, Animal Grooming, and Many More
- Great Visibility - Located Near the Corner of S Main St & Serra Way, Minutes from W Calaveras Blvd
- Unit 174 is 950 SF & Unit 176 is 1,280 SF - Both Units are Vacant
- Rare Fenced Rear Parking Lot with 9 Parking Spaces
Executive Summary
- Rare Owner-User/Investment opportunity to acquire a freestanding 2,230 square foot retail/office/medical office building with a fenced parking lot which has 9 onsite parking spaces.
- The property has 2 units, unit 174 is 950 SF and unit 176 is 1,280 SF and both units are currently vacant allowing for immediate occupancy by an Owner User.
- The property is in the MXD – Mixed Use zoning designation which allows for uses such as medical or dental offices & clinics, retail, veterinarian clinic, animal grooming (no boarding), personal services, and many more.
- The Seller did recent renovations to the building including adding a new permitted partial 2nd story office, new parking lot with new landscaping, as well as new HVAC Units.
- The property is situated on a 10,000 square foot with a fully fenced rear parking lot which has 9 parking spaces.
- The property is located near the corner of S Main Street and Serra Way, minutes from S Abel Street and W Calaveras Blvd.
- The property is in one of the highest barrier to entry markets in the Silicon Valley.
- Extremely strong demographics with household incomes in excess of $171,829 in a 1-mile radius.
- 1.8 miles from the New Milpitas BART Station.
- The property has 2 units, unit 174 is 950 SF and unit 176 is 1,280 SF and both units are currently vacant allowing for immediate occupancy by an Owner User.
- The property is in the MXD – Mixed Use zoning designation which allows for uses such as medical or dental offices & clinics, retail, veterinarian clinic, animal grooming (no boarding), personal services, and many more.
- The Seller did recent renovations to the building including adding a new permitted partial 2nd story office, new parking lot with new landscaping, as well as new HVAC Units.
- The property is situated on a 10,000 square foot with a fully fenced rear parking lot which has 9 parking spaces.
- The property is located near the corner of S Main Street and Serra Way, minutes from S Abel Street and W Calaveras Blvd.
- The property is in one of the highest barrier to entry markets in the Silicon Valley.
- Extremely strong demographics with household incomes in excess of $171,829 in a 1-mile radius.
- 1.8 miles from the New Milpitas BART Station.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,230 SF
Building Class
C
Year Built
1948
Price
£1,364,111
Price Per SF
£612
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
2,230 SF
Building FAR
0.22
Lot Size
0.23 AC
Zoning
MXD - Mixed Use
Parking
9 Spaces (4.04 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 083-07-019 | Improvements Assessment | £360,522 |
| Land Assessment | £599,685 | Total Assessment | £960,207 |
PROPERTY TAXES
Parcel Number
083-07-019
Land Assessment
£599,685
Improvements Assessment
£360,522
Total Assessment
£960,207
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Rare 2,230 SF Owner User Opportunity | 174-176 S Main St
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