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GTR#: 1021
Location: 580 S. 6th Street, San Jose, CA 95112

Asking Price: $750,000
Parcel No.: 472-28-039
Building Size: 4,656 Sq. F.
Lot Size: 8,160 Sq. F.
Zoning: Day Care / Possible residential
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PROPERTY PROFILE


Two-story professional building located in the heart of down town San Jose in the historical Reed District next to San Jose State University. The building is licensed for Adult Day Program for Developmentally Disabled  and it is suitable for48 clients.

The first floor has spacious living space with a fire place, kitchen, utility and storage rooms and 2 rooms/offices with bathrooms. Second floor has 6 rooms and 4 and ½ bathroom. Dual-pain windows were install  in all building, wood floors in some rooms.

The full basement can be used as storage. The building is equipped with central air-conditioning , central heating and handicap ramps.  There is one-car detached garage, six to eight tandem carport s and entertainment/barbeque area in the back yard .

The building is suitable for educational, office or commercial use. Possible residential use. Zoning and building use must be verified by the buyer.

PROPERTY OVERVIEW


Property Use: Corpuz Training Center
Property Address: 580 S. 6th Street
Cross Street: Reed
Parcel No. 472-28-039
Year Built 1925
Market: San Jose Metro
Sub Market: Central San Jose
   
Foundation: Concrete Perimeter
Roof Type: Composition , Shingle
Roof Age: Approximately 15 years old
Framing: Wood
Exterior: Stucco
Basement: Full Basement
Flooring: Wood, Tiles, Linoleum
Windows: Dual-pain windows
Garage/Carport: 6-8 Carports - Tandem
Parking: Street
Lot Dimensions: 68 x 120
Building SF: 4,656
Utilities Master gas/electric/ water meters

 

FINANCIAL INFORMATION


Price: $898,000
Total Units: 8 (Possible)
Price Per SF: $192
Expenses Per SF: $
Loan Amount: $718,400
Down Payment: $179,600
 
Expenses Summary
Property Taxes: $5,738
Property Insurance $12,000
Management $0
Maintenance $4,000
Legal / Professional $5,600
Advertising $300
Utilities $10,500 (PG&E, Water, Garbage, Telephone)
Total $38,138

 

SHOWING INSTRUCTIONS


Show by appointment only, every day from 1:30 PM to 2:30 PM. Please, call the listing agent to make an appointment. The building is currently occupied by the property owner who runs a family care business. The business is moving to another location in late April. A supra key will be installed after the building is vacated.

CONTACT INFORMATION


Listed by: Maggy Slavova, Broker DRE Lic. 01387995
Phone: 408.829.2315
Phone: 408.771.7730
Fax: 408.926.9602
Email: maggyslavova@yahoo.com

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.