Office Medical
556 N First St
556 N First St, San Jose, CA 95112
Listing Price: $2,995,000
Investment Overview
556 N 1st St is a stunning medical office owner-user investment opportunity located in the thriving downtown area of San Jose, California.
Situated on a parcel of land totaling 9,822 square feet, the subject property features a gross building area of approximately 8,350 square feet. The subject property had undergone significant improvements in 2020 and consists of 4 units with end-suite restrooms for each. Additionally, 2 units have existing buildouts for a dental office with a laboratory. Per City of San Jose, tenants are responsible for obtaining the requisite permit(s) to operate their respective businesses. Zoning on the property is Commercial Pedestrian (CP) which has many permitted uses for most offices and financial services including medical offices, general services, among many others with the intention to support pedestrian-oriented retail activity at a scale compatible with surrounding neighborhoods. Buyer to verify.
Nestled by Japantown, the Hensley Historic District, and Downtown San Jose, tenants at 556 N 1st St have convenient access to the various amenities, restaurants, and entertainment options that the city has to offer. The property is also situated close to California Highway 87, providing easy access to the rest of the city as well as the greater San Francisco Bay Area. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the South Bay, 556 N 1st St presents an attractive choice for investors due to its close proximity to downtown, major employers, transportation corridors, shopping, dining, and entertainment options.
556 N First St
Investment Highlights
- Exceptional Owner-User Investment Opportunity - Investors have the opportunity to acquire a well-situated asset located in San Jose, California.
- Medical Office Buildout - The subject property consists of 2 units that have been retrofitted for a dental office with a laboratory.
- Prime Downtown San Jose Location - Renters benefit from close proximity to high end shopping, dining and entertainment options in Downtown San Jose.
- Notable Downtown Attractions - Tenants are located within convenient access to many nearby city attractions such as Guadalupe River Park, Cathedral Basilica of St. Joseph, SAP Center, the San Jose Museum of Art and many more.
- Convenient Access to Transportation Corridors - Including Interstate 680, Interstate 280, California Highway 87, U.S. 101.
Exclusively Listed By
Listing Price: $2,995,000
Investment Highlights
- Exceptional Owner-User Investment Opportunity - Investors have the opportunity to acquire a well-situated asset located in San Jose, California.
- Medical Office Buildout - The subject property consists of 2 units that have been retrofitted for a dental office with a laboratory.
- Prime Downtown San Jose Location - Renters benefit from close proximity to high end shopping, dining and entertainment options in Downtown San Jose.
- Notable Downtown Attractions - Tenants are located within convenient access to many nearby city attractions such as Guadalupe River Park, Cathedral Basilica of St. Joseph, SAP Center, the San Jose Museum of Art and many more.
- Convenient Access to Transportation Corridors - Including Interstate 680, Interstate 280, California Highway 87, U.S. 101.
Investment Overview
556 N 1st St is a stunning medical office owner-user investment opportunity located in the thriving downtown area of San Jose, California. Situated on a parcel of land totaling 9,822 square feet, the subject property features a gross building area of approximately 8,350 square feet. The subject property had undergone significant improvements in 2020 and consists of 4 units with end-suite restrooms for each. Additionally, 2 units have existing buildouts for a dental office with a laboratory. Per City of San Jose, tenants are responsible for obtaining the requisite permit(s) to operate their respective businesses. Zoning on the property is Commercial Pedestrian (CP) which has many permitted uses for most offices and financial services including medical offices, general services, among many others with the intention to support pedestrian-oriented retail activity at a scale compatible with surrounding neighborhoods. Buyer to verify. Nestled by Japantown, the Hensley Historic District, and Downtown San Jose, tenants at 556 N 1st St have convenient access to the various amenities, restaurants, and entertainment options that the city has to offer. The property is also situated close to California Highway 87, providing easy access to the rest of the city as well as the greater San Francisco Bay Area. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the South Bay, 556 N 1st St presents an attractive choice for investors due to its close proximity to downtown, major employers, transportation corridors, shopping, dining, and entertainment options.
Exclusively Listed By
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