Bought with RECIP • Out of Area Office
$510,000
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0 S Capitol AVE San Jose, CA 95127
7,540 Sqft Lot
Key Details
Sold Price $510,000
Property Type Vacant Land
Sub Type Comm. Land Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81910086
Sold Date 05/01/23
Lot Size 7,540 Sqft
Property Sub-Type Comm. Land Retail
Property Description
Paved parking lot that is leased to Mark's Hot Dogs on a month-to-month basis. The current rent is $24,000 per year, triple net, which is below market. This is an opportunity to increase the rent to market and sign a long-term lease with the tenant. Or, the site can be redeveloped with residential uses. The general plan is Residential Neighborhood. Excellent traffic counts and demographics.
Location
State CA
County Santa Clara
Area Alum Rock
Zoning Pedestrian Commercial
Exterior
Fence Wood
Utilities Available Public Utilities
Building
Lot Description Grade - Gently Sloped
Sewer Sewer - Public
Water Public
Others
Tax ID 484-20-078
Horse Property No
Special Listing Condition Not Applicable
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