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San Jose Retail Investment Opportunity
For Sale
$1,899,000

899 W San Carlos St 1, San Jose, CA 95126

Rare mixed-use property with redevelopment potential in prime San Jose location.

Days on Market100

Property Features for 899 W San Carlos St 1

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Adam S. Levin · License #01853816
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jun 26 at 5:19PM

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 Marcus & Millichap - Palo Alto

Investment Insights

Based on property information with market context.

Located on West San Carlos Street in San Jose, California, this property presents a retail investment opportunity. The location benefits from high traffic and offers flexible commercial and residential use with long-term redevelopment potential. It is situated within walking distance of Willow Glen, minutes from Downtown San Jose, and near Westfield Valley Fair Mall. Diridon Station and Interstate 280 provide regional access. The property is zoned Mixed Use Commercial (MUC) within the West San Carlos Urban Village Plan, positioning it for higher-density, transit-oriented development. This is further supported by ongoing projects in the surrounding Sunol-Midtown neighborhood. Existing improvements include a front live-work unit (2 bedrooms, 1 bathroom), a central primary residence (2 bedrooms, 1 bathroom), and a rear ADU (3 bedrooms, 2 bathrooms). A large central patio offers potential for commercial parking, and a spacious basement provides storage. The property is suitable for investors or owner-users seeking live-work flexibility, multigenerational living, or rental income. The location has a bike score of 90, walk score of 90 and transit score of 71.

Key Highlights

  • Prime location on highly trafficked West San Carlos corridor with long‑term redevelopment potential.
  • Zoned Mixed Use Commercial (MUC) within the West San Carlos Urban Village Plan, allowing for higher‑density, transit‑oriented development.
  • Flexible commercial and residential use with existing live‑work unit, primary residence, and ADU, suitable for investors or owner‑users.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Furniture & Home Goods Bed & Breakfast Veterinary Clinic Clothing & Fashion Store Daycare Center

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

1,902
Businesses Nearby
161k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 50% Dining 25% Shops & Services 24%
Safeway Groceries
56,219 visits/mo 0.2 miles
McDonald's Dining
40,852 visits/mo 0.3 miles
Smart & Final Groceries
24,824 visits/mo 0.2 miles
Chevron Shops & Services
17,176 visits/mo 0.4 miles
76 Shops & Services
12,191 visits/mo 0.4 miles

Demographics for 95126, CA

37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value

Market

Vacancy Rate% for Retail in San Jose, CA

4.4% 2019
5.2% 2020
5.2% 2021
5.2% 2022
5.4% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Rare mixed-use property with redevelopment potential in prime San Jose location.
Where is this mixed-use property located?
The property is located at 899 W San Carlos St 1 San Jose, CA.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: Prime location on highly trafficked West San Carlos corridor with long‑term redevelopment potential.; Zoned Mixed Use Commercial (MUC) within the West San Carlos Urban Village Plan, allowing for higher‑density, transit‑oriented development.; Flexible commercial and residential use with existing live‑work unit, primary residence, and ADU, suitable for investors or owner‑users.
More about this property
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