Multifamily Vacant-User

Hamilton Single Family

1591 Hamilton Ave, San Jose, CA 95125

Listing Price: Request For Offer

Number of Units
1
Gross SF
735

Investment Overview

Marcus & Millichap is pleased to announce this exciting opportunity to purchase a fully occupied center located at 1582-1596 Meridian Avenue in San Jose. 1582 Meridian Avenue is being offered with the adjacent single-family home positioned directly to the East. The homes address is 1591 Hamilton Avenue. The commercial parcel (APN# 429-47-017) consists of 18,480 sq. ft. on the corner of Meridian and Hamilton Ave. The residential parcel (APN# 429-47-016) consists of 8,990 sq. ft. with a single family home (twobedroom|one-bath) of approximately 735 sq. ft. on it. Together the commercial and residential buildings total 8,873 sq. ft. The property has ample parking with 11 spaces in the front and 20 parking spaces in the rear. The retail portion includes seven commercial tenants with a strong historic occupancy rate. All tenants are currently paying below market rents allowing a new owner plenty of rental upside into the future.

Investment Highlights

  • Blackford Elementary School, Monroe Middle School, and Del mar High School District
  • predicted home values in Willow Glen will increase 2.6% () in the next year
  • The median home value in this neighborhood is $1,309,000

Exclusively Listed By

Multifamily Vacant-User

Hamilton Single Family

Listing Price: Request For Offer

Number of Units
1
Gross SF
735

Investment Highlights

  • Blackford Elementary School, Monroe Middle School, and Del mar High School District
  • predicted home values in Willow Glen will increase 2.6% () in the next year
  • The median home value in this neighborhood is $1,309,000

Investment Overview

Marcus & Millichap is pleased to announce this exciting opportunity to purchase a fully occupied center located at 1582-1596 Meridian Avenue in San Jose. 1582 Meridian Avenue is being offered with the adjacent single-family home positioned directly to the East. The homes address is 1591 Hamilton Avenue. The commercial parcel (APN# 429-47-017) consists of 18,480 sq. ft. on the corner of Meridian and Hamilton Ave. The residential parcel (APN# 429-47-016) consists of 8,990 sq. ft. with a single family home (twobedroom|one-bath) of approximately 735 sq. ft. on it. Together the commercial and residential buildings total 8,873 sq. ft. The property has ample parking with 11 spaces in the front and 20 parking spaces in the rear. The retail portion includes seven commercial tenants with a strong historic occupancy rate. All tenants are currently paying below market rents allowing a new owner plenty of rental upside into the future.

Exclusively Listed By

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