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226 S 24th St
San Jose, CA 95116

Covered Land Play including 1165 Peach Court · Land For Sale · 2.34 AC

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Investment Highlights

Close proximity to BART and Downtown San Jose
Situated within the 24th and William Urban Village

2.34 AC site with 4 industrial buildings totaling 24,188 SF

Executive Summary

This 2.34 AC site is ideally situated for redevelopment to mixed use, or for an industrial user. Currently there are 4 existing leased industrial buildings totaling 24,188 sf, generating nearly $300K annual income, with landlord right to terminate leases. Seller will 1031 exchange.

PROPERTY FACTS

Sale Type	Investment or Owner User	Property Subtype	Industrial
No. Lots	1	Proposed Use	Mixed Use Apartment Units - Condo
Property Type	Land	Total Lot Size	2.34 AC

Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Industrial
Proposed Use	Mixed Use Apartment Units - Condo
Total Lot Size	2.34 AC

1 Lot Available

Lot

Lot Size	2.34 AC

Lot Size	2.34 AC

Two adjacent parcels totaling 2.34 AC located at 24th Street & Peach Court, dissected by a pedestrian/bicycle pathway leading directly to the planned Little Portugal BART station.

Description

With very close proximity to BART and Downtown San Jose, this is a 2.34 AC site with 4 industrial buildings totaling 24,188 SF. Situated within the 24th and William Urban Village, this property has a mixed use overlay, potentially allowing high density housing with a commercial component. The leased buildings allow for early termination with notice by landlord.

zoning

Zoning Code	M1, M
M1, M

Listing ID: 25353637
Date on Market: 30/03/2022
Last Updated:
Address: 226 S 24th St, San Jose, CA 95116

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