959 2Nd St San Jose, CA 95122
- Retail properties
- 1,029 SF
Current Use by Public Records
- Retail properties
Property Details for 959 2Nd St
- Property size
- 1,029 SF
- Property type
- Retail properties
Description
This 1,029 square foot retail condominium is located in San Jose, California, at 959 Story Rd Bldg H, 2nd floor (5280), zip code 95122, in the rapidly growing Vietnam Town shopping center, situated between Walmart and Grand Century Mall. Priced at $565,950 ($550 per square foot), this newly built space offers a fantastic opportunity for business ownership. The property boasts a convenient location with easy access to Highways 101, 280, and 680, and proximity to Mineta San Jose International Airport. Owners can customize interior improvements to suit their specific business needs, and there's potential to combine units for larger spaces. The unit includes a single completed restroom and features approximately 16-foot clear height ceilings. Electrical service is 100 Amps, 120/208 Volt, 3-phase 4-wire. Small Business Administration (SBA) financing is available at 90% of the purchase price, allowing for as little as 10% down payment. A unique Lease-to-Own program is also offered, with a lease rate as low as $2.00 per square foot (NNN), including six months of free base rent on a three-year lease, and the option to purchase within two years at a locked-in price. This presents a compelling investment opportunity with potential for long-term tenant occupancy, minimal maintenance costs, and strong rental income. The building comprises 17 office and 17 retail units, ranging in size from approximately 558 to 1,583 square feet.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Jose
- County
- Santa Clara
- State
- California
- Longitude
- -121.859
- Latitude
- 37.3325
