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    947-953 Park Ave San Jose, CA 95126

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    For Sale
    $1,550,000

    Mixed-use property with retail and residential units in San Jose.

    Property size:
    4,410 SF
    Lot size:
    0.11 Acres

    Property Features for 947-953 Park Ave

    General Information

    Size
    4,410 SF
    Lot size
    0.11 Acres

    Source: The Prescott Company Agent Nolan Jones

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

    Overview

    Mixed-Use Property in Sunol-Midtown

    This mixed-use property is located in the Sunol-Midtown neighborhood, offering a commuter-friendly location with a walk score of 94 and a bike score of 86. It is situated within walking distance to various amenities and minutes from 5 major rail stations. The property includes 3 residential units: two 1-bedroom, 1-bathroom units, and one 2-bedroom, 1-bathroom unit. Additionally, it features approximately 2,200 square feet of ground floor retail space, divided into two suites. Upgrades have been made over the years, including electrical work, new windows, retail upgrades in 2018 (floors & AC), and new water heaters. The back structure presents a potential opportunity for ADU conversion; buyers should verify feasibility. The property is suitable for an owner-user seeking retail space or an investor looking for cash flow and upside.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

    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
    -121.9077472
    Latitude
    37.326404

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units in San Jose.
    Where is this mixed-use property located?
    The property is located at 947-953 Park Ave San Jose, CA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Over $10K per month cashflow.; - Prime mixed-use property with retail and residential units.; - Excellent commuter location near 5 major rail stations and walkable to many amenities (94 Walk Score & 86 Bike Score).
    (510) 867-4806
    Request Owner's contact information
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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
    947-953 Park Ave San Jose, CA 95126
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