959 1St St San Jose, CA 95122
Property Features for 959 1St St
General Information
- Property type
- Retail properties
- Square Feet
- 1,268 SF
Listing Agency: GD Commercial Real Estate Inc. Listing Agent: Jeff Vo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 1,268-square-foot retail condominium is situated in San Jose's thriving Vietnam Town, nestled between Walmart and Grand Century Mall. Priced at $836,880 ($660/sq ft), this newly built property offers a fantastic opportunity for ownership rather than leasing. Ideal for various uses, including medical, dental, professional offices, or retail businesses. The unit boasts a 16-foot clear height (approx.) and a completed restroom. Electrical service is 100 Amps, 120/208 Volt, 3-phase 4-wire. The property benefits from easy access to Highways 101, 280, and 680, and proximity to Mineta San Jose International Airport. SBA financing is available at 90% of the purchase price. This is a prime investment opportunity offering long-term tenant potential, minimal maintenance costs, and strong rental income potential. The building features a total of 17 office and 17 retail units, with the possibility of combining units for larger spaces. A unique Lease-to-Own program is also available, with lease rates as low as $2.00 per square foot NNN, including a potential six-month rent-free period and a three-year lease term. The purchase price is locked in, with the buyer able to exercise the purchase option within two years. Located at 959 Story Rd Bldg H 1st floor (5175), San Jose, CA 95122.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.8588518
- Latitude
- 37.3324894
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FAQs
What type of property is this?
Retail property - 1,268 SF Retail Condo, Vietnam Town
Where is this retail property located?
The property is located at 959 1St St San Jose, CA.
What is the asking price?
The asking price for this property is $836,880.
What are key features of this property?
This property features: Invest in your business by owning a newly built commercial condo at Vietnam Town, located at Story Road and Lucretia Ave, San Jose.; Reduce overhead costs by owning instead of leasing; SBA financing available with 10% down.; Customize interior improvements to fit your business needs; units can be combined for larger spaces.