Downtown San Jose Office
45 East Julian Street San Jose, CA 95112
45 East Julian Street, San Jose, CA, 95112
$2,675,000
For Sale
$2,675,000
Restored office building in downtown San Jose for sale.
Property Size5,095 SF
Price / SF$525.02
Days on Market115
Property Features for 45 East Julian Street
General Information
- Standard status
- Active
- Size
- 5,095 SF
- Property subtype
- Office
Listing Agency
CBRE | San Jose
(408) 453-7471
Listed by
Donald Lonsinger · License #00895646
Source
Cbre
Added: Mar 25 Checked: Jul 17 at 5:24 am
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.
This is a 5,095 square foot office building for sale in downtown San Jose. The beautifully restored building features 11 private offices, restrooms, and a breakroom on both floors. The property includes 6 parking spaces, with the potential availability of additional spaces for purchase. The location is within walking distance of the SCC Superior Court, SCC Family Court, and SCC Law Library.
Key Highlights
- Outstanding Downtown San Jose location
- Walking distance to SCC Superior Court, SCC Family Court and SCC Law Library
- Beautifully restored building
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 | $285.5k | $56.04 |
| − Vacancy | −$46.5k | −$9.13 |
| EGI | $239.0k | $46.91 |
| − OpEx | −$59.7k | −$11.73 |
| NOI | $179.2k | $35.18 |
5,095 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.56M
$2.24M – $2.99M
NOI $179,238 @ 7.0% cap · market cap 6.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.08M
$2.69M – $3.59M
NOI $215,392 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ahmadieh Law Office
Law Firm
Morgan Law Offices
Law Firm
Arnold & Barna Law ...
Law Firm
Kessler Financial Services
Financial Advisor
Julian Street Properties
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Restored office building in downtown San Jose for sale.
Where is this office building located?
The property is located at 45 East Julian Street San Jose, CA.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: Outstanding Downtown San Jose location; Walking distance to SCC Superior Court, SCC Family Court and SCC Law Library; Beautifully restored building
