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247 Saint John St San Jose, CA 95112

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For Sale
$2,500,000

Mixed-use property with income and redevelopment potential in San Jose.

Property size:
5,500 SF

Property Features for 247 Saint John St

General Information

Standard status
Active
Size
5,500 SF

Building Details

Year built
1928

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Listing Contact
Carlos Padilla
Source: Corcoran

Listing Agency: INTERO REAL ESTATE SERVICES Listing Agent: Carlos Padilla

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

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Overview

Mixed-Use Asset in Downtown San Jose

This mixed-use property is located in Downtown San Jose, two blocks from San Jose City Hall, within walking distance of San José State University, and approximately five minutes from Diridon Station. The property is situated in the epicenter of numerous active and proposed residential and commercial high-rise developments. The building, with a total size of 5500 square feet, is currently 100% occupied on short-term leases. The ground-floor commercial light industrial unit is leased to an established HVAC business and features multiple private offices, ample open warehouse space, and roll-up doors. The second-story residential unit consists of a three-bedroom, one-bathroom apartment leased on a month-to-month basis. The ground floor is suited for a variety of owner-user or industrial service uses. This tenancy structure presents an opportunity for an owner-user to occupy all or a portion of the property while generating supplemental passive income from the residential unit. Investors may also benefit from repositioning potential through rental adjustments or future redevelopment, subject to zoning and city approvals.
Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

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

Location Insight

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  • Local Demand
City
San Jose
County
Santa Clara
State
California
Longitude
-121.886016
Latitude
37.340593

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with income and redevelopment potential in San Jose.
Where is this mixed-use property located?
The property is located at 247 Saint John St San Jose, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - Prime Downtown San Jose location, two blocks from City Hall and near San Jose State University and Diridon Station; - 100% occupied, providing immediate income with short-term leases for flexibility; - Mixed-use property with a ground-floor commercial unit and a second-story residential unit
More about this property
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