ADA-Accessible Office Building

480 N 1st St San Jose, CA 95112

Claim this Listing
New
For Sale
$6,900,000

Multi-use building with elevator and ADA compliance, suited for medical offices or a school near light rail.

Type:Commercial/Industrial
Property size:
17,000 SF
Price / SF:
$405/SF
Added:
Jul 7, 2026
Days on Market:
6
Last Refresh:
Jul 8 at 4:08 am

Property Features for 480 N 1st St

General Information

Standard status
Active
Size
17,000 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1957

Listing office Remax Capital

Listing date Jul 7, 2026

Source Dualprideproperties

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 Remax Capital


Investment Insights

Based on property information with market context.

This property is an accessible office building with ADA compliance, an elevator, and a fire alarm system. The seller notes major updates completed in 2016–2017, and the building offers approximately 17,000 square feet of usable space. The layout is positioned to support either medical office use or an educational use, depending on tenant or buyer requirements.

The building is located close to downtown San Jose and directly next to a busy VTA light rail stop, providing convenient transit access. The location supports day-to-day accessibility for staff, patients, students, and visitors.

For owner-users, the combination of ADA accessibility, elevator service, and recent major updates can help streamline operations for a medical practice or school environment. For investors or buyers evaluating mixed-use possibilities within office and specialty uses, the building’s flexible intended uses and transit adjacency may be useful for attracting an organization looking for a transit-accessible campus-style footprint.

Key Highlights

  • Multi‑use building, year built 1957, with elevator and ADA‑compliant accessibility features
  • Approx. 17,000 sq ft of usable space
  • Major updates completed in 2016–17

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 $952.7k $56.04
− Vacancy −$155.3k −$9.13
EGI $797.4k $46.91
− OpEx −$199.3k −$11.73
NOI $598.0k $35.18
17,000 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$8.54M
$7.48M – $9.97M (±1% cap)
NOI $598,045 @ 7.0% cap · market cap 8.67%
Second Best
Healthcare Medical
$4.07M
$3.56M – $4.74M (±1% cap)
NOI $284,580 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$10.27M
$8.98M – $11.98M (±1% cap)
NOI $718,677 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Services For Brain Injury Medical Clinic 480 North First ... Parking Lot & Garage Paul Bick Nguyen ... Law Firm

Suggested Use

(Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Locksmith Clothing & Fashion Store Veterinary Clinic Clothing & Fashion Store Tanning Salon

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

Similar Off Market Nearby

  • Banfield Pet Hospital — 607 Coleman Ave, San Jose, CA 95110
  • Ark Veterinary Care — 295 N 10th St, San Jose, CA 95112
  • UNI Pet Clinic - San Jose — 595 N First St, San Jose, CA 95112

FAQs

What type of property is this?
Medical Office Space - Multi-use building with elevator and ADA compliance, suited for medical offices or a school near light rail.
Where is this medical office space located?
The property is located at 480 N 1st St San Jose, CA.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Multi‑use building, year built 1957, with elevator and ADA‑compliant accessibility features; Approx. 17,000 sq ft of usable space; Major updates completed in 2016–17
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message