Med Office & Retail Owner-User Opportunity | 174-176 S Main St
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Med Office & Retail Owner-User Opportunity 174-176 S Main St
2,230 SF Vacant Office Building Milpitas, CA 95035 $2,802,337 CAD ($1,257 CAD/SF)
Investment Highlights
- Freestanding 2,230 SF Retail/Office/Medical Owner User Opportunity
- Zoning Allows for Medical or Dental Offices & Clinics, Retail, Veterinarian Clinics, Animal Grooming, and Many More
- Located Near the Corner of S Main St & Serra Way, Minutes from W Calaveras Blvd
- Unit 174 is 950 SF & Unit 176 is 1,280 SF - Both Units are Vacant
- Rare Fenced Rear Parking Lot with 9 Parking Spaces
Executive Summary
174-176 S Main St, Milpitas presents a rare Owner-User/Investment opportunity to acquire a freestanding 2,230 square foot retail/office/medical office building with a fenced parking lot which has 9 onsite parking spaces. The property is in the MXD – Mixed Use zoning designation which allows for uses such as medical or dental offices & clinics, retail, veterinarian clinic, animal grooming (no boarding), personal services, and many more. The property has 2 units, unit 174 is 950 SF and unit 176 is 1,280 SF and both units are currently vacant. The Seller did recent construction & renovations to the building including adding a new permitted structure to add square footage, new parking lot with new landscaping, as well as new HVAC Units. The property is situated on a 10,000 square foot with a fully fenced rear parking lot which has 9 parking spaces. The property is located near the corner of S Main Street and Serra Way, minutes from S Abel Street and W Calaveras Blvd. The property is in one of the highest barrier to entry markets in the Silicon Valley. Extremely strong demographics with household incomes in excess of $171,829 in a 1-mile radius. 1.8 miles from the New Milpitas BART Station. More info on DavidTaxin.com
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,230 SF
Building Class
C
Year Built
1948
Price
$2,802,337 CAD
Price Per SF
$1,257 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,230 SF
Building FAR
0.22
Land Acres
0.23 AC
Zoning
MXD - Mixed Use - Mixed Use
Parking
9 Spaces (4.04 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
Parcel Number | 083-07-019 | Improvements Assessment | $625,997 CAD |
Land Assessment | $1,041,270 CAD | Total Assessment | $1,667,267 CAD |
PROPERTY TAXES
Parcel Number
083-07-019
Land Assessment
$1,041,270 CAD
Improvements Assessment
$625,997 CAD
Total Assessment
$1,667,267 CAD
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Med Office & Retail Owner-User Opportunity | 174-176 S Main St
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