For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Leased Retail and Residential Investment Title is generated by Realmo AI

    801-809 Lincoln Ave, San Jose, CA 95126

    View on Map
    Claim this Listing
    For Sale
    $3,950,000

    Fully leased mixed-use property near downtown Willow Glen and San Jose.

    Type:Retail
    Property size:
    7,825 SF
    Price / SF:
    $504/SF
    Added:
    Nov 21, 2025
    Days on Market:
    223
    Last Refresh:
    May 19 at 8:26 pm

    Property Features for 801-809 Lincoln Ave

    General Information

    Standard status
    Active
    Size
    7,825 SF
    Property subtype
    Retail

    We can help!

    Contact an agent
    Joshua Gispan
    Joshua Gispan

    Listing office TRI Commercial | Walnut Creek

    Listing date Nov 21, 2025

    Source Tricommercial

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of TRI Commercial | Walnut Creek

    HighLights

    • Fully Leased Retail/Residential Investment Property
    • Located on the fringe of downtown “Willow Glen” and near downtown San Jose
    • Easy access to state highways 280 and 87
    • Includes 7,825 SF of retail space leased to 3 tenants
    • Features 2 fully leased residential units (1,100 SF & 1,200 SF)
    • Potential redevelopment opportunity

    Overview

    This mixed-use property features a retail building of approximately 7,825 square feet, fully leased to three tenants. Additionally, there are two fully leased residential units, one with 1,100 square feet and the other with 1,200 square feet. The property is located on the fringe of downtown Willow Glen and near downtown San Jose. Situated on Lincoln Avenue, it serves as a gateway to the Willow Glen neighborhood and is close to restaurants, retail amenities, and offices. The property offers convenient access to state highways 280 and 87 and presents a potential redevelopment opportunity.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $316.4k $40.44
    − Vacancy −$14.5k −$1.85
    EGI $301.9k $38.59
    − OpEx −$90.6k −$11.58
    NOI $211.4k $27.01
    7,825 SF · lease $40.44/SF/yr · vacancy 4.58% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.02M
    $2.64M – $3.52M (±1% cap)
    NOI $211,365 @ 7.0% cap · market cap 5.35%
    Second Best
    Apartment 5plus
    $2.33M
    $2.03M – $2.71M (±1% cap)
    NOI $162,759 @ 7.0% cap · market cap 4.12%
    Theoretical Best
    Office A
    $4.73M
    $4.14M – $5.51M (±1% cap)
    NOI $330,803 @ 7.0% cap · market cap 8.37%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Hotel & Motel Daycare Center Mobile Phone Store Furniture & Home Goods Bar & Pub Florist Restaurant Restaurant Restaurant Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.907
    Latitude
    37.3148

    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use property near downtown Willow Glen and San Jose.
    Where is this mixed-use property located?
    The property is located at 801-809 Lincoln Ave San Jose, CA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: Fully Leased Retail/Residential Investment Property; Located on the fringe of downtown “Willow Glen” and near downtown San Jose; Easy access to state highways 280 and 87
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message