For Sale
$3,200,000

244 Jackson Ave San Jose, CA 95116

11,500 SF Medical Building, Bank-Owned

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 11,500 square foot medical office building, situated on a sizable 30,000 square foot corner lot in San Jose, California, presents a compelling investment opportunity. Located at 244 N Jackson Ave, 95116, this two-story building, constructed in 1930 and renovated in 1970, is zoned for Commercial Office (CO) use. Currently a multi-tenant property, it offers ten individual suites, providing flexibility for various medical practices or the potential to combine for larger occupants. The property boasts a functional basement area ideal for storage or equipment. This bank-owned foreclosure is being offered at $3,200,000, translating to $278.26 per square foot. Its strategic location directly across from the Regional Medical Center Hospital Campus offers unparalleled visibility and accessibility. The property will be delivered vacant upon closing, allowing for immediate owner-user occupancy or the opportunity to lease to multiple tenants. This value-add opportunity is perfect for medical professionals or investors seeking a prime location in a thriving market. The APN is 484-07-057.

Highlights

  • 11,500 SF medical office building on a 30,000 SF corner lot.
  • Value-add opportunity with flexible multi-tenant layout.
  • Ten individual suites, combinable for larger tenants.
  • Basement offers ample storage or equipment space.

Property Details for 244 Jackson Ave

Property type
Office properties, Medical offices
Square Feet
11,500 SF
Year Built/Renovated
1930/1970
Stories
2

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3642259
Longitude
-121.8486101

FAQs

What type of property is this?
Office property - 11,500 SF Medical Building, Bank-Owned
Where is the office property located?
The property is located at 244 Jackson Ave San Jose, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 11,500 SF medical office building on a 30,000 SF corner lot.; Value-add opportunity with flexible multi-tenant layout.; Ten individual suites, combinable for larger tenants.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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244 Jackson Ave
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