Standalone Retail/Office
27 Devine St San Jose, CA 95110
27 Devine St, San Jose, CA, 95110
Contact for pricing
For Sale
Contact for pricing
Built in 2007, the building offers three contiguous suites combining retail and office space with attractive street frontage.
Property Size2,900 SF
Price / SF$586.21
Days on Market47
Property Features for 27 Devine St
General Information
- Standard status
- Active
- Size
- 2,900 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 2007
Listing agency
Intero Commercial Los Altos
(650) 947-4746
Listed by
Carlos Padilla · License #CA 01342889
Source
Crexi
Added: Jun 5 Updated: Jul 21 at 11:53AM Checked: Jul 21 at 11:53AM
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 Intero Commercial Los Altos
Investment Insights
Based on property information with market context.
27 Devine St is a standalone commercial building offering approximately 2,900 square feet of combined retail and office space configured as three contiguous suites. Built in 2007, the property is presented with modern construction and attractive street frontage, supporting a flexible occupancy setup for an owner-user, investor, or mixed-use strategy.
Located in the heart of Downtown San Jose, the building is described as highly walkable and within steps of Downtown San Jose dining, entertainment, and transit amenities. The property is also located within an Opportunity Zone.
Offered for sale as a single asset, 27 Devine St presents a straightforward downtown configuration with multiple suites in one location.
Located in the heart of Downtown San Jose, the building is described as highly walkable and within steps of Downtown San Jose dining, entertainment, and transit amenities. The property is also located within an Opportunity Zone.
Offered for sale as a single asset, 27 Devine St presents a straightforward downtown configuration with multiple suites in one location.
Key Highlights
- Built in 2007, standalone commercial building with approximately 2,900 SF of retail and office space
- Three contiguous suites with combined retail and office layout
- Attractive street frontage
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $162.5k | $56.04 |
| − Vacancy | −$26.5k | −$9.13 |
| EGI | $136.0k | $46.91 |
| − OpEx | −$34.0k | −$11.73 |
| NOI | $102.0k | $35.18 |
2,900 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.46M
$1.28M – $1.70M
NOI $102,019 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$1.12M
$979.2K – $1.31M
NOI $78,333 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,598 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Golden Paradise Center ...
Event Planning
Lifted Beauty Salon
Hair Salon
Devine Cheese & Wine
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Built in 2007, the building offers three contiguous suites combining retail and office space with attractive street frontage.
Where is this office building located?
The property is located at 27 Devine St San Jose, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Built in 2007, standalone commercial building with approximately 2,900 SF of retail and office space; Three contiguous suites with combined retail and office layout; Attractive street frontage
