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Downtown San Jose Development Site
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394 South Second Street, San Jose, CA 95113

Development site in Downtown San Jose near San Jose State.

Property Size13,304 SF
Lot Size0.49 Acres
Days on Market151

Property Features for 394 South Second Street

General Information

Standard status Active
Size 13,304 SF
Lot size 0.49 Acres
Property subtype Retail
Listing Agency: CBRE - San Jose
Listed By: Nick Whitstone · License #01196787
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 21 at 8:14AM

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 CBRE - San Jose

Investment Insights

Based on property information with market context.

Located in the core of Downtown San Jose, the property consists of a development site at 394 S. 2nd Street & 384 S. 2nd Street. The site totals 21,428 square feet (.49 acres) of land and includes 20,280 square feet of existing retail and office improvements. The property is positioned two blocks from San Jose State University and is surrounded by multiple office and mixed-use residential projects that are under construction or approved by the city. The Downtown core of San Jose is experiencing a major urban transformation. There are 3,700 new housing units in planning or under construction along with the Google Village project’s proposed 3,000-5,000 housing units. The surge in economic and population growth will be supported by a transportation infrastructure expansion of the Bay Area Rapid Transit (BART) stations into Downtown San Jose, which will ultimately connect to the local VTA and Caltrain stations.

Key Highlights

  • Prime Downtown San Jose development site totaling 21,428 square feet (.49 acres).
  • Located two blocks from San Jose State University.
  • Surrounded by multiple office and mixed‑use residential projects under construction or approved.

Property Analytics

Current Use

Pest Animal Removal ... Garden Center

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Butcher Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,957
Businesses Nearby

Demographics for 95113, CA

2,658
Population
1,850
Households
1.4
Avg Household Size
35
Median Age
67%
College-Educated
88%
High-School Grad
0.3 sq mi
ZIP Area
8,860
Density / Sq Mi
$140,938
Median Household Income
$101,706
Median Earnings
$2,914
Median Rent
$953,100
Median Home Value

Market

Vacancy Rate% for Office in San Jose, CA

9.8% 2019
12% 2020
13.9% 2021
14.1% 2022
16.3% 2023
16.4% 2024
14.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Development site in Downtown San Jose near San Jose State.
Where is this retail property located?
The property is located at 394 South Second Street San Jose, CA.
What are key features of this property?
This property features: Prime Downtown San Jose development site totaling 21,428 square feet (.49 acres).; Located two blocks from San Jose State University.; Surrounded by multiple office and mixed‑use residential projects under construction or approved.
More about this property
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