2,896 SF Freestanding Office/Retail Bldg. | 501 S Bascom Ave
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2,896 SF Freestanding Office/Retail Bldg. 501 S Bascom Ave
2,896 SF 46% Leased Office Building San Jose, CA 95128 £1,368,319 (£472/SF)
Investment Highlights
- 2,896 SF Freestanding Office/Retail Bldg. For Sale
- 6,480 SF Corner Lot with 8 Parking Spaces
- San Jose S Bascom Urban Village Designation - Allowing for Future Redevelopment Possibilities
- 100% Leased to 7 Tenants with Longest Lease Being 3 Years
- 1,550 SF (53.5% of Building) Available for an Owner User Within 1 Year
- Central Location with Easy Access to Highway 280 - Located Between Stevens Creek Blvd & Moorpark Ave
Executive Summary
- 2,896 SF Office/Retail Building on the Corner of S Bascom Ave & Scott St.
- 100% Leased to 7 Tenants with the Longest Lease Being 3 Years.
- 10 Private Offices with a Shared Common Area .
- Brand New Roof.
- 6,480 SF Corner Lot with 8 Parking Spaces.
- 1,550 SF (53.5% of Building) Available for an Owner Use to Occupy within 1 Year from the Close of Escrow.
- The property is in the CG – General Commercial zoning district which allows for a wide variety of retail, service, and office uses.
- The property is in the San Jose S Bascom Urban Village Designation, allowing for future redevelopment possibilities.
- Central Location with Easy Access to Highway 280, located between Stevens Creek Blvd & Moorpark Ave.
- Located near Santa Clara Valley Medical Center, Westfield Valley Fair Mall, and Santana Row.
- 100% Leased to 7 Tenants with the Longest Lease Being 3 Years.
- 10 Private Offices with a Shared Common Area .
- Brand New Roof.
- 6,480 SF Corner Lot with 8 Parking Spaces.
- 1,550 SF (53.5% of Building) Available for an Owner Use to Occupy within 1 Year from the Close of Escrow.
- The property is in the CG – General Commercial zoning district which allows for a wide variety of retail, service, and office uses.
- The property is in the San Jose S Bascom Urban Village Designation, allowing for future redevelopment possibilities.
- Central Location with Easy Access to Highway 280, located between Stevens Creek Blvd & Moorpark Ave.
- Located near Santa Clara Valley Medical Center, Westfield Valley Fair Mall, and Santana Row.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,896 SF
Building Class
C
Year Built
1958
Price
£1,368,319
Price Per SF
£472
Percent Leased
46%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
2,896 SF
Building FAR
0.45
Lot Size
0.15 AC
Zoning
CG - General Commercial
Parking
8 Spaces (2.76 Spaces per 1,000 SF Leased)
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Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 277-30-001 | Improvements Assessment | £451,545 |
| Land Assessment | £615,744 | Total Assessment | £1,067,289 |
PROPERTY TAXES
Parcel Number
277-30-001
Land Assessment
£615,744
Improvements Assessment
£451,545
Total Assessment
£1,067,289
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2,896 SF Freestanding Office/Retail Bldg. | 501 S Bascom Ave
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