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Downtown San Jose Retail Space
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477 S Market St San, San Jose, CA 95113

Retail suites in shell condition at 477 S Market Street.

Space Size2,500 SF - 3,500 SF
Days on Market273

Property Features for 477 S Market St San

General Information

Standard status Active
Size 2,500 SF - 3,500 SF
Property subtype Retail
Lease Term NNN

Spaces For Lease

at 477 S Market St San Contact us

477 S. Market Street $3.75/SF/Mo

Size
3,500 SF
Type
Street Retail
Term
Negotiable
Contact us

477 S. Market

Size
2,500 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Newmark | San Jose
Listed By: Geri Wong · License #CA RE #01142432
Source: Nmrk
Added: Nov 24, 2025 Changed: Aug 23 Last Checked: Aug 24 at 3:23AM

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 Newmark | San Jose

Investment Insights

Based on property information with market context.

Located at 477 S Market Street in Downtown San Jose, these retail suites offer an opportunity for starting or growing businesses. The suites are situated on the lower level of the Taft Apartments, a Class A, five-story apartment complex with 130 units. The available suites are offered in shell condition, providing businesses the flexibility to customize their space. The apartments maintain high occupancy, creating a customer base for the retail spaces. The location is accessible, approximately 1 mile from the Interstate 280 and State Route 87 interchange, and near multiple bus lines and the Metro. The property is positioned in the South Market neighborhood, near schools and entertainment venues, museums, and theaters, including the San Jose Center for the Performing Arts, the San Jose Museum of Arts, the San Jose Convention Center, and the Tech Interactive. The South Market neighborhood has attracted major employers, including Adobe Inc., Zoom, eBay, and PayPal. The surrounding area has a growing population of over 675,000 within a five-mile radius, with an average household income of over $138,000. Consumer spending in 2022 reached over $8.9 billion, with over $7.8 billion spent on retail segments. The property size is 2500 square feet with a List Price of 3.75.

Key Highlights

  • High‑income, well‑educated customer base: Over 675,000 population within 5 miles, with average household income over $138,000.
  • Prime Downtown San Jose location in the South Market neighborhood.
  • Built‑in customer base: Located in the Taft Apartments, a Class A apartment complex with 130 units.

Property Analytics

Current Use

24 X 7 ... (Bike/Boat/Book/etc) Store Street Art Resort The Taft Apartments Apartment Building Cheap Car Insurance Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Acupuncture 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,696
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 35% Dining 33% Shops & Services 32%
7-Eleven Shops & Services
23,335 visits/mo 0.4 miles
Jack in the Box Dining
22,860 visits/mo 0.3 miles
San Jose Marriott Hotels & Casinos
21,448 visits/mo 0.2 miles
Hyatt Place Hotels & Casinos
11,717 visits/mo 0.4 miles
Steak-Out Dining
7,588 visits/mo 0.3 miles

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

Lease Benchmarks for San Jose, CA

$33.55 /SF/Yr
Avg Asking Price
$13–$45 /SF/Yr
Price Range
12,721 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail suites in shell condition at 477 S Market Street.
Where is this retail space located?
The property is located at 477 S Market St San San Jose, CA.
What are key features of this property?
This property features: High‑income, well‑educated customer base: Over 675,000 population within 5 miles, with average household income over $138,000.; Prime Downtown San Jose location in the South Market neighborhood.; Built‑in customer base: Located in the Taft Apartments, a Class A apartment complex with 130 units.
More about this property
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