Executive Summary Highlights Pictures Location

2021 The Alameda, San Jose, CA, USA

Price: $680,000 ($793/SF)

Status: For Sale on March 2022

Executive Summary

The Ivy Group is pleased to offer FOR SALE a corner, ground floor commercial condominium (Suite 199) located in the Alameda Park Center in San Jose, CA. The property was built in 1982, and is perfectly suited for an owner/user that offers professional services.

The property is improved with 100% office. It features dropped down 9 feet ceilings and is fully protected by fire sprinklers throughout.

The Alameda Park Center owner’s association covers electric, water, sewer, garbage, fire sprinkler monitoring, etc, relieving property owner of the burden of operating expenses.

The office condo is located just west of Hwy 880 with instant access to freeways 101 and 880, 5 minutes to San Jose Mineta International Airport, close proximity to Santa Clara University and 10 minutes to Downtown San Jose.

This is a unique opportunity for an owner/user to acquire the condo and operate its own business.

Offering Memorandum
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Due Diligence
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Highlights

  • Building Size

    ± 857 SF

  • Lot Size

    ± 84,943 SF (± 1.95 acres)

  • Year Built

    1982

  • Zoning

    C1, A (PD)

  • Use

    Professional Office

  • Freeway Access

    Convenient access to freeways 101, 880

  • Bus Stop

    Walking distance to major bus stops and public transportation nodes

  • Metering

    HOA pays all utilities

  • APN

    230-52-018

  • Ceiling Height

    ± 9 feet

  • Fire Sprinklers

    100% throughout

Location

San Jose is the economic, cultural, and political center of Silicon Valley and the largest city in Northern California (both by population and area).

With an estimated population of 1,015,492, it is the third-most populous city in California (after Los Angeles and San Diego) and the tenth-most populous in United States. Located in the center of the Santa Clara Valley, on the southern shore of San Francisco Bay, San Jose covers an area of 179.97 square miles (466.1 km2). San Jose is the county seat of Santa Clara County, the most affluent county in California and one of the most affluent counties in the United States.

San Jose’s location within the booming high-tech industry, as a cultural, political, and economic center has earned the city the nickname “Capital of Silicon Valley”. San Jose is one of the wealthiest major cities in the United States and the world, and has the third highest GDP per capita in the world (after Zürich, Switzerland and Oslo, Norway), according to the Brookings Institution.

The San Jose Metropolitan Area has the most millionaires and the most billionaires in the United States per capita.

San Jose, CA Demographics

Property Photos

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