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959 1St St San Jose, CA 95122

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For Sale
$798,600

1,210 SF Retail Condo, Prime San Jose Location

Property size:
1,210 SF

Property Features for 959 1St St

General Information

Property type
Retail properties
Square Feet
1,210 SF

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Listing Contact
Jeff Vo
Jeff Vo

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.

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Property Insight Report

Overview

This newly built 1,210 square foot commercial condominium is located in San Jose's Vietnam Town, at the intersection of Story Road and Lucretia Avenue, between Walmart and Grand Century Mall. This exceptional opportunity allows for ownership of a retail space, eliminating ongoing lease payments and offering significant long-term investment potential. The property is part of a thriving shopping center with easy access to Highways 101, 280, and 680, and proximity to Mineta San Jose International Airport. SBA financing is available, requiring as little as 10% down payment. Owners have the flexibility to customize interior improvements to meet their specific business needs, and there's the potential to combine units for larger spaces. The unit includes a single completed restroom and boasts approximately 16-foot clear height. This property is ideal for a wide range of businesses, including medical, dental, retail, and professional services. A unique Lease-to-Own program is also available, offering a lease rate as low as $2.00 per square foot (NNN) with a potential six-month rent abatement, a three-year lease term, and a purchase option exercisable within two years. The building features 17 office and 17 retail units, ranging in size from approximately 1,558 to 11,583 square feet. Power is supplied by a 100-amp, 120/208-volt, 3-phase 4-wire system. This is a rare chance to own your business space in a high-demand location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
San Jose
County
Santa Clara
State
California
Longitude
-121.8588518
Latitude
37.3324894

FAQs

What type of property is this?
Retail property - 1,210 SF Retail Condo, Prime San Jose Location
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 $798,600.
What are key features of this property?
This property features: $798,600 asking price for a 1,210 square foot retail condo.; Located in San Jose, CA, at 959 Story Rd Bldg H 1st floor (5170), in the Vietnam Town shopping center.; Newly built commercial condominium with SBA financing options available (as little as 10% down).
More about this property
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