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    1191 E Santa Clara St San Jose, CA 95116

    For Lease
    $2 SF/Yr ($595 /Mo)

    Iconic theater space for rent on E. Santa Clara Street.

    Property size:
    3,400 SF
    Lot size:
    0.20 Acres

    Property Features for 1191 E Santa Clara St

    General Information

    Size
    3,400 SF
    Lot size
    0.20 Acres

    Source: Colliers | Silicon Valley Agent Matt Morales

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

    Overview

    Historic Theater Space Available

    The Mexico Theater, originally opened in 1949 as the Mayfair Theatre, has been a part of San Jose’s entertainment scene for decades. Designed in the Streamline Moderne style, the venue transitioned through various names and uses, ultimately becoming the Mexico Theater in the 1980s, catering to Spanish language films. Though it ceased operations in 2004, its distinctive neon signage and architectural charm remain iconic in the neighborhood. This historic space, totaling 3400 square feet, presents an opportunity for a future tenant to bring new energy to the property. With its location on E. Santa Clara Street, high visibility, and unique character, the building is suited for a variety of uses. Its history and community presence make it an ideal spot for a tenant looking to create a destination that blends nostalgia with modern innovation.
    Insight Report Location Intelligence

    Current Use by Public Records

    Alum Rock Studio Event Venue KT Electronics Computer Repair Service Palacio De Reynas Bridal Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Similar Places Nearby

    White Flowers, Flowers By Ivy, Van Florist, Tình Thương Flowers, Eden’s Garden #3

    Location Insight

    • Map
    • Local Demand
    City
    San Jose
    County
    Santa Clara
    State
    California
    Longitude
    -121.8672597
    Latitude
    37.3476214

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    FAQs

    What type of property is this?
    Storefront property - Iconic theater space for rent on E. Santa Clara Street.
    Where is this storefront property located?
    The property is located at 1191 E Santa Clara St San Jose, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on E. Santa Clara Street with high visibility.; - Unique Streamline Moderne architectural style and **iconic neon signage**.; - Rich history as the Mexico Theater (formerly Mayfair Theatre) and strong community presence.
    (408) 282-3800
    Request Owner's contact information
    1191 E Santa Clara St San Jose, CA 95116
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    San Jose, CA 95116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1191 E Santa Clara St San Jose, CA 95116
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