994 The Alameda San Jose, CA $ 3,895,000
994 The Alameda
$ 3,895,000
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994 The Alameda

San Jose, CA, 95126
$ 3,895,000
Bedrooms-- Baths-- Sq 9,148

Monthly Estimate*

$ 24,593

Listed by CBRE, Inc.
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Commercial Property for sale in San Jose, CA

for $3,895,000. This 9,148 square foot building was built in 1924 on a lot size of 0.24.

994 The Alameda has been owned by the same family for 50+ years and boasts seven residential units and four ground floor retail units. The residential units are very large and consist of (4) Studios and (3) 1 Bed, 1 Bath floorplans. The retail spaces have all been improved by the tenants, and all tenants are operating successful businesses and have been at the property for 5+ years. Additionally, all units and the property systems have been well-maintained over the years and select units feature upgraded kitchens, countertops, cabinets, and bathrooms. Ownership has spent over $50,000 on capital improvements in 2025, which include but are not limited to: roof, two new water heaters, electrical subpanels, etc... This property presents an excellent value add opportunity through adjusting the full-service leases to NNN leases upon lease expiration, which will roughly capture a 35% rental premium to the in-place leases.

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Commercial Active

Price

$ 3,895,000

Property Type

Commercial

Taxes

$ 53,529

Style

Lot Size

0.24

Year Built

1924

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82051201

Days on Market

9

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Roof Flat Foam
Zoning CG
HOA Fee 0
Year Built 1924
County Santa Clara
Insurance Expense 13750
Property Type Commercial Sale
MaintenanceExpense 20429
Special Listing Conditions Standard
Status Active
City San Jose
High School District San Jose Unified
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 10454
Carport Spaces 4
Carport Y/N true
Tax Annual Amount 53529
Trash Expense 0
Standard Status Active
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 5
Lot Size Area 10454
Number of Buildings 1
Building Area Total 9148
Lot Size Acres 0.24
Lot Size Source Assessor
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* Excluded Features
List By
Cbre, Inc.

Broker

adam.foley@cbre.com

Email

Affordability Calculator

$29,054
Per Month
85%
15%
0%
Monthly Principal & Interest
$24,593
Monthly Property Taxes
$4,461
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$3,895,000 Listed Price

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994 The Alameda, San Jose, CA, 95126 is a Commercial Property for sale at $3,895,000 with 9,148 sqft and a lot size of 0.24. 994 The Alameda was built in 1924. The property's zip code is 95126 which is in San Jose, CA