REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$1,995,000
Est. payment /mo
9,822 Sqft Lot
UPDATED:
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
Read Less Info

Listed by Andres Lopez Marcus & Millichap #01936458




