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.
Days on Site
Buyer's Brokerage Compensation*
Improvements - Other
Grade - Gently Sloped
Public Utilities, Public Utilities, Water - Public
Alum Rock Union Elementary
High School District
East Side Union High
Marcus & Millichap
License #: 01930127
Phone: (650) 391-1784
License #: 01514751
Phone: (650) 391-1753
0 S Capitol Ave is in San Jose, CA 95127. This Land is currently priced at $600,000.This address can also be written as 0 S Capitol Ave, San Jose, CA 95127.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 09, 2023. For the most current information, please contact Joshua Johnson, (650) 391-1784