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Property profile & analytics
FOR LEASE
Retail space

111 S Main St Milpitas, CA 95035

9,400 SF 0.7 ac lot Built 1930
Entity Owned 19-yr Hold Free & Clear
Property ID
US09-2844015
111 S Main St, Milpitas, CA 95035 For Lease
Contact for pricing 6,000 SF available
111 S Main St, Milpitas, CA 95035
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Property summary
AI-generated overview

This exceptional retail space, located at 111 S. Main Street in the heart of downtown Milpitas, California (zip code 95035), offers a flexible layout ideal for a variety of businesses. The property features multiple tenancy options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 6,000 square feet. Currently, one space is available. Its prime location provides excellent visibility and accessibility, situated just minutes from major transportation arteries including the 237 Calaveras Boulevard, and the 880 and 680 Freeways. The property boasts high ceilings and ample parking, enhancing both the aesthetic appeal and the convenience for customers and employees. This is a rare opportunity to secure a highly desirable retail space in a thriving downtown area. The property's strategic location and attractive features make it an excellent investment for businesses seeking a strong presence in the vibrant Milpitas market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 9,400 SF
Lot 0.7 ac (30,492 SF)
Zoning code MI
APN 022-24-040
UPID US09-2844015
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AC Dog School Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$350k
Owner & transaction history
Cracolice Properties LLC · 19 yrs held
Cracolice Properties LLC
since 2006
3 recorded transactions
2006
Price N/A
2003
Price N/A
1991
$191,500
Zoning & alternative use
MI · Milpitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Updated Zoning Ordinance Final
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