959 Story Rd Suite 5270 San Jose, CA 95122
Medical, professional, and retail condos available for purchase.
Type:Retail
Property size:
1,198 SF- Added:
- May 16, 2024
- Days on Market:
- 705
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 959 Story Rd Suite 5270
General Information
- Standard status
- Active
- Size
- 1,198 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2017
Listing agent Jeff Vo License #1441068
Listing office GD Commercial Real Estate Inc.
Listing date May 16, 2024
Source Crexi
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 GD Commercial Real Estate Inc.
Overview
Commercial Condos in Vietnam Town
Commercial condominiums suitable for medical, professional, and retail use are available in the Vietnam Town shopping center. Ownership opportunities are available in this newly built property. The location is suitable for medical, dental, clinic, urgent care, surgery, and healthcare provider facilities. It is also suitable for professional and service offices such as optometry, acupuncture, insurance, real estate, finance, legal and law firms, immigration, cosmetics, beauty salons, and non-profit organizations. The retail tenant mix includes branded fashion shops, grocery markets, gift shops, product stores, teashops, food to-go, and restaurants. Financing is available through the Small Business Administration (SBA) at 90% of the purchase price. The property offers long-term tenant potential, low maintenance costs, rental income, and return on capital for investments. The property has easy access to Highways 101, 280, and 680, and Mineta San Jose International Airport. Vietnam Town also offers a Lease-To-Own Program. Upstairs units are available for the Lease-to-Own program with lease rates as low as $2.00 per Sq.Ft. NNN. The lease term is 3 years with a locked-in purchase price, and the buyer can exercise the purchase option within two years. The units feature a 16-foot clear height (approximate). Sizes range from approximately 558 to 1,583 square feet, and units can be combined for larger square footage. There are a total of 17 upstairs and 17 downstairs units. Each unit comes with a single completed restroom. Power is supplied by 100 Amps, 120/208 Volt, 3-phase 4-wire.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
MH Beauty & Spa
Spa & Massage Center
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.856529
- Latitude
- 37.330864
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Medical, professional, and retail condos available for purchase.
Where is this retail space located?
The property is located at 959 Story Rd Suite 5270 San Jose, CA.
What is the asking price?
The asking price for this property is $658,900.
What are key features of this property?
This property features: Opportunity to OWN commercial property instead of leasing in a high‑growth area (Vietnam Town).; SBA financing available at 90% of the purchase price.; Lease‑to‑Own program available with locked‑in purchase price and option to buy within two years.
