5302 Monterey Highway, San Jose

$12,200,000

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0 Bed
0 Bath
2.18 Acres
0 Garage

DO NOT DISTURB TENANTS. Welcome to Edenvale shopping center located ON busy Monterey Hwy, JUST OFF of the Hwy 101 at the Blossom Hill exit. The property features 12 tenants in various commercial businesses including food, services, groceries and more. Features such as annual CPI increases, higher than normal land to price value ratio, long term leases, big upside and much more make this an ideal vehicle for many investors. The current owner invested over $350,000 in property upgrades including exterior paint, roof repairs, plumbing repairs, exterior lighting upgrades, and more in 2023.

Essential Information

MLS® #
ML81953286
Price
$12,200,000
Bathrooms
0.00
Acres
2.18
Year Built
1980
Type
Commercial Sale
Status
Active

Community Information

Address
5302 Monterey Highway
Area
699 - Not Defined
City
San Jose
County
Santa Clara
Zip Code
95111
Senior Community
N

Amenities

Parking Spaces
110

Interior

Heating
Forced Air
Cooling
Gas
# of Stories
1

Exterior

Roof
Flat

Additional Information

Date Listed
February 2nd, 2024
Days on Market
89
Zoning
CN

Listing Details

Agent
George Renz
Office
Renz & Renz

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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 3:59pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.