96 Santa Clara St San Jose, CA 95113
This exceptional investment opportunity presents two executive office suites totaling 14,910 square feet, located on the second and third floors of a landmark building at 96 E Santa Clara St in San Jose, California. Originally constructed in 1883, this iconic structure boasts a blend of historic charm and modern functionality. The property is situated directly above a newly opened downtown food hall, offering unparalleled convenience and exposure. The building's prime location places it within easy walking distance of a vibrant array of restaurants, bars, and the future BART station, ensuring excellent accessibility and connectivity for tenants and owners alike. The permitted zoning is DC - Downtown Primary Commercial. The property is zoned for commercial use and offers two units, which can be purchased individually or together. The asking price for the combined units is $2,534,700, with a land value of $170 per square foot. This presents a unique chance to acquire a significant piece of San Jose's history in a rapidly developing area. The building's strategic location and the potential for high occupancy rates make this an attractive proposition for owner-users seeking a well-connected and prestigious address in the heart of downtown San Jose. The property's proximity to public transportation and amenities further enhances its appeal.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.