Two Story Office Building For Sale in Downtown San Jose
Located in the heart of downtown San Jose, on the main "court house boulevard", is this turn key commercial office building. A small restaurant is the new front office anchor and all tenants have been renting for long term leases. The occupancy rate is high with current tenants include topographers, attorneys, architects, retail, and more.
Twenty One Office Spaces In A High Demand Location
The location is ideal for this type of investment because the main court house in San Jose is just 1/2 a block away, which keeps demand for office space high.
The two story, 4,000 square foot office building was originally built in 1970 and contains 21 office spaces in total. Four office spaces were recently added to keep up with the demand. Of the 21 offices, 18 have private bathrooms. The main hallway includes storage closets and two additional bathrooms.
Nice Return On Investment With Professional Management In Place
The building comes with management in place and it currently earning $47,000 annually. That is a 10% ROI on your money!
Location, Location, Location. The boulevard is very active on a daily basis with proximity to the National Museum, restaurants in the area, the court house, and the wide variety of businesses in downtown San Jose. There is plenty of parking in the area and it has a great Costa Rica look and feel!