556 N 1st ST, San Jose, CA 95112
556 N 1st ST, San Jose, CA 95112
556 N 1st ST, San Jose, CA 95112
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$1,995,000
Est. payment /mo
9,822 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML82037885

HOA Y/N No

Year Built 1961

Annual Tax Amount $24,139

Lot Size 9,822 Sqft

Property Description

556 N 1st St is a stunning medical office owner-user investment opportunity located in the thriving downtown area of San Jose, California. Situated on a parcel of land totaling 9,822 square feet, the subject property features a gross building area of approximately 8,350 square feet. The subject property underwent significant improvements in 2020 and consists of 4 units, each with an en-suite restroom. Additionally, 2 units have existing buildouts for a dental office with a laboratory. Per the City of San Jose, tenants are responsible for obtaining the requisite permit(s) to operate their respective businesses. Zoning on the property is Commercial Pedestrian (CP), which permits many uses for offices and financial services, including medical offices, general services, among others, with the intention of supporting pedestrian-oriented retail activity at a scale compatible with surrounding neighborhoods. Buyer to verify. Nestled near Japantown, the Hensley Historic District, and Downtown San Jose, tenants at 556 N 1st St have convenient access to the city's amenities, restaurants, and entertainment options. The property is also close to California Highway 87, providing easy access to the rest of the city and the greater San Francisco Bay Area.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CP

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 20

Building

Story 2

Water Public

Others

Tax ID 24943083


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Listed by Andres Lopez Marcus & Millichap #01936458

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556 N 1st ST

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