Snell Avenue Retail
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Snell Avenue Retail
2 Retail Properties Offered at £8,215,725 in San Jose, CA
Investment Highlights
- Prime Location: Situated in a bustling commercial area with high visibility and foot traffic, ensuring maximum exposure for your business.
- Development Potential: Ideal for experienced operators to implement renovations and expansions, unlocking significant growth opportunities.
- Flexible Sale Options: Ownership is open to selling the properties separately or together, offering potential buyers a flexible acquisition.
- Versatile Property: Includes a gas station, snack shop, and retail center with multiple bays, offering diverse income opportunities.
- Convenient Access: Features easy freeway access, enhancing customer convenience and traffic flow to the property.
Executive Summary
Location: 5599 Snell Ave features a well-established gas/smog station with three bays and an accompanying snack shop. Adjacent to this, 5585-5591 Snell Ave is a prominent shopping center with three spaces currently leased to a reputable businesses, including a restaurant, nail salon, and martial arts studio.
Prime Positioning: This property occupies a top corner location in a bustling commercial area, ensuring high visibility and vehicle/foot traffic. The total lot size is approximately 18,000 square feet, providing ample space for various business opportunities.
Operational Details: The properties currently operate daily from 8 AM to 10 PM, and the current structure allows for absentee ownership. Notably, the gas station holds a Type-20 ABC license that remains unused, presenting further potential for revenue generation.
Growth Potential: This property offers a remarkable opportunity for experienced operators to envision and implement renovations and expansions, unlocking its full potential. There is significant room for enhancing the existing businesses and optimizing the space for greater profitability. Coupled with easy freeway access, this location is primed for strategic redevelopment that can attract more customers and elevate overall business performance.
Pricing Breakdown:
5599 Snell Ave: $6.25 million (pricing negotiable)
5585-5591 Snell Ave: $4.25 million (pricing negotiable)
Ownership is open to selling the properties separately or together, offering potential buyers flexible acquisition opportunities.
This investment is not just a purchase; it's a gateway to realizing substantial growth in a vibrant market. Don’t miss the chance to own a piece of this lucrative opportunity!
Prime Positioning: This property occupies a top corner location in a bustling commercial area, ensuring high visibility and vehicle/foot traffic. The total lot size is approximately 18,000 square feet, providing ample space for various business opportunities.
Operational Details: The properties currently operate daily from 8 AM to 10 PM, and the current structure allows for absentee ownership. Notably, the gas station holds a Type-20 ABC license that remains unused, presenting further potential for revenue generation.
Growth Potential: This property offers a remarkable opportunity for experienced operators to envision and implement renovations and expansions, unlocking its full potential. There is significant room for enhancing the existing businesses and optimizing the space for greater profitability. Coupled with easy freeway access, this location is primed for strategic redevelopment that can attract more customers and elevate overall business performance.
Pricing Breakdown:
5599 Snell Ave: $6.25 million (pricing negotiable)
5585-5591 Snell Ave: $4.25 million (pricing negotiable)
Ownership is open to selling the properties separately or together, offering potential buyers flexible acquisition opportunities.
This investment is not just a purchase; it's a gateway to realizing substantial growth in a vibrant market. Don’t miss the chance to own a piece of this lucrative opportunity!
Property Facts
| Price | £8,215,725 | Number of Properties | 2 |
| Price / SF | £1,053 / SF | Individually For Sale | 2 |
| Sale Conditions | 1031 Exchange | Total Building Size | 7,804 SF |
| Sale Type | Investment | Total Land Area | 0.83 AC |
| Status | Active |
| Price | £8,215,725 |
| Price / SF | £1,053 / SF |
| Sale Conditions | 1031 Exchange |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 7,804 SF |
| Total Land Area | 0.83 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5599 Snell Ave, San Jose, CA 95123 | Retail | 2,524 SF | 1965 | £4,890,313 |
| 5585-5591 Snell Ave, San Jose, CA 95123 | Retail | 5,280 SF | 1966 | £3,325,413 |
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Blossom Snell LLC
Snell Avenue Retail
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