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175 Lewis Rd

2,605 SF Industrial Condo Unit Offered at $1,517,378 CAD in San Jose, CA 95111

INVESTMENT HIGHLIGHTS

  • New Electrical Panel
  • Laminate Flooring, Ceiling Installations, and LED Lights Upgrade in 2022

EXECUTIVE SUMMARY

Great Opportunity to Own a Commercial condo in a great location!! Currently Operation as a Machine shop. Tenant needs 4-6 months of rent back to Relocate- Tenant willingly pays up to $6,000/per month Seller Concession is available! Please call or Text is Best Man Hoang (408)908-8708 for more details

PROPERTY FACTS

Price $1,517,378 CAD
Unit Size 2,605 SF
No. Units 1
Total Building Size 45,304 SF
Property Type Flex (Condo)
Property Subtype
Light Manufacturing
  • Industrial Distribution
  • Industrial Service
Sale Type Investment
Building Class C
Floors 1
Typical Floor Size 45,304 SF
Year Built 1987
Lot Size 1.71 AC
Parking Ratio 2/1,000 SF
Sale Condition Distress Sale

1 UNIT AVAILABLE

Unit 22

Unit Size 2,605 SF
Price $1,517,378 CAD
Price Per SF $582.49 CAD
Condo Use Industrial
Sale Type Investment
Cap Rate 5.50%
NOI $83,455.81 CAD
No. Parking Spaces 4
Sale Conditions Distress Sale
APN/Parcel ID 497-31-046
DESCRIPTION

New Electrical Panel, Laminate Flooring, Ceiling Installations, and LED Lights Upgrade in 2022 This unit has office space, warehouse space, a Separate Restroom, ample parking, a Rolling Door, and a Gated Entrance.

SALE NOTES

CAP rate is 5%

AMENITIES

  • Signage
  • Air Conditioning

UTILITIES

  • Gas
  • Water - City
  • Sewer - City
  • Heating - Gas

ZONING

Zoning Code M1H, San Jose (Light Manufacturing)
M1H, San Jose (Light Manufacturing)
  • Listing ID: 33284645

  • Date on Market: 2024-09-24

  • Last Updated:

  • Address: 175 Lewis Rd, San Jose, CA 95111

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