8
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$4,100,000
Est. payment /mo
0.38 Acres Lot
New
319 S Monroe ST San Jose, CA 95128
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82027660
HOA Y/N No
Year Built 1957
Annual Tax Amount $51,953
Lot Size 0.376 Acres
Property Description
319-325 S. Monroe Street is a multi-tenant retail center 100% leased to four tenants. The building measures approximately 7,680 square feet and is situated on a 0.38-acre parcel. The building improvements are masonry block construction with plate glass and anodized aluminum frame storefronts. There are 18 on-site parking spaces for a ratio of 2.34 per 1,000 SF. The parking lot was recently sealed and striped and the roof had a new covering applied in 2025. The property is in excellent condition and has been well maintained by the owner. The site is located across Westfield Valley Fair and Santana Row, which are two of the most successful retail developments in Northern California. Westfield Valley Fair has 2.2 million square feet of retail space and is leased to more than 200 stores and 50 restaurants, including luxury retailers such as Balenciaga, Versace, Louis Vitton, Gucci, Prada, Burberry, Dolce & Gabbana, and Patek Phillipe. The shopping center went through a $1.1 billion expansion in 2020 that added 500,000 square feet of space. Santana Row has about 90 shops and restaurants in nearly 500,000 square feet of space. Major tenants include Crate & Barrel, Lululemon, Nike, The Container Store, Tesla, Sephora, and Rivian.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning Urban Village Commercial
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 18
Building
Story 1
Water Public
Others
Tax ID 27734002
Listed by Joshua Johnson Marcus & Millichap
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