Property summary
This exceptional two-story, 10,000 square foot Class B office building presents a compelling opportunity in the heart of San Jose's vibrant Silicon Valley. Located at 1855 Hamilton Avenue, this property boasts a convenient address, just moments from major tech employers like eBay and the popular Pruneyard Shopping Center. The building features elevator service and is currently 50% occupied, offering immediate income potential for investors and significant upside for owner-users. The property's traditional office layout is adaptable to a variety of business needs. With a permitted Commercial Office (CO) zoning designation, the possibilities are numerous. The single building sits on a lot identified by APN 28421037. Its strategic location provides effortless access to major freeways including Highway 17, 87, and I-280, ensuring seamless commutes for employees and clients. The asking price for this well-positioned asset is $5,050,000. This presents a rare chance to acquire a substantial office property in a high-demand area, offering both immediate returns and long-term growth potential. The building's existing occupancy provides a stable foundation, while the vacant space allows for customization and expansion. Don't miss this chance to secure a prime piece of Silicon Valley real estate.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Corporate Office
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Photography Service (Bike/Boat/Book/etc) Store
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Property Management Company
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IT Consulting Firm (Bike/Boat/Book/etc) Store
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Tax Preparation
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
OA · San Jose, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for OA in San Jose, CA.
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