1342 Lincoln AveSan Jose, CA 95125

Property Details for 1342 Lincoln Ave

Year built

1930

Lot size

0.08 AC

Property size (Sq ft)

2,940 SF

Zone code

C2

Property type

Retail properties

Property subtype

Retail space

APN

429-06-046

APU

42906046

Description

This exceptional 2,940 square foot commercial property, located at 1342 Lincoln Avenue in San Jose, California, presents a unique investment opportunity. The building, constructed in 1930, boasts a rich history as the original Willow Glen firehouse and is situated on a 3,795 square foot lot. Currently operating at 100% occupancy under a modified lease agreement with multiple tenants, the property offers significant income potential. The building features a desirable C2 zoning designation, allowing for a variety of commercial uses. The two-story structure provides ample space, with both the upstairs and downstairs offering open floor plans suitable for diverse business needs. The upstairs area features high, open ceilings, ideal for a loft, office, or studio space. The property can be utilized as a single or multi-tenant space, with both retail frontage and office/loft space available. Six parking spaces are conveniently located in the rear of the building, providing ample parking for tenants and clients. A fenced rear patio offers a private outdoor setting. The asking price for this move-in ready property is $2,995,000. This prime location in the vibrant Downtown Willow Glen area of San Jose, zip code 95125, offers excellent visibility and accessibility. The property's versatile layout and desirable location make it an attractive investment for both seasoned and new commercial property owners.

• CAP approach

  CAP return

  Valuation

  6%

  $1,351,765

  6.5%

  $1,247,783

  7%

  $1,158,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,066,388

  Geo Method

  $2,066,388

• Alternative Use

  Use

  Valuation

  Residential

  $1,052,552

  Hospitality

  $964,132

  Educational

  $802,146

  Medical

  $829,733

  Retail

  $1,247,783

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.3044

Longitude

-121.898

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].