For Sale
$5,500,000

100 2Nd StSan Jose, CA 95113

High-profile retail, prime location

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional opportunity to acquire a 24,090 square foot retail center in the heart of downtown San Jose, California. This property, recently re-priced at $5,500,000 for a quick sale (based on a 30-day close), boasts a prime location just blocks from San Jose State University, across from the Hammer Theater Center and the Downtown San Jose Public Library, and adjacent to a VTA train stop. Previously occupied by The Market by Safeway, this second-generation grocery space offers five units and benefits from excellent demographics and high traffic counts. Situated on the first floor of a 23-story residential condo complex, the property provides access to a captive audience of 197 residential units and 100-150 parking spaces in an attached underground garage. The asking price of $228.31 per square foot presents a compelling investment opportunity in a thriving urban environment. This high-profile retail space offers significant potential for a variety of uses, capitalizing on its central location and strong surrounding community. The property's size and location make it an ideal investment for those seeking a high-impact retail presence in a dynamic and growing city.

Highlights

  • 24,090 SF retail center in downtown San Jose, CA, priced at $5,500,000 for a 30-day close.
  • Prime location: blocks from San Jose State University, across from Hammer Theater Center & Public Library, adjacent to VTA light rail.
  • Second-generation grocery space (formerly Safeway), featuring five units.
  • Located on the first floor of a 23-story residential building with 197 units and access to 100-150 parking spaces.
  • $228.31/SF asking price; strong demographics and high traffic counts.

Property Details for 100 2Nd St

Property type
Lifestyle centers, Power centers
Square Feet
24,090 SF
Units
5

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3347199
Longitude
-121.8879052
100 2Nd St, San Jose, California

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100 2Nd St
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