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LIKE NEW INDUSTRIAL, RETAIL SHOWROOM BLDS. 456-460 Meridian Ave 18,751 sq ft Retail Property San Jose, CA 95126 £8,930,354 (£476.26/sq ft)
INVESTMENT HIGHLIGHTS
- 2 Industrial/Retail Showroom Properties For Sale - Currently 2 Motorcycle Dealerships
- The Two Properties can be Acquired Separately or Together as a Portfolio Sale
- Recent Renovations - Substantial Capital Improvements
- Owner User Opportunity: Both Properties will be Delivered Vacant at the Close of Escrow
- The Two Buildings Total 18,751 SF on a 1.27-Acre Lot (456 Meridian is 9,775 SF & 460 Meridian is 8,976 SF)
- Upscale Showrooms, Offices, Storage/Warehouse, Large Service Center, 75 Parking Spaces, 2 Roll Up Doors
EXECUTIVE SUMMARY
- Rare opportunity to acquire two single tenant industrial/retail showroom buildings which are currently owner occupied as Motorcycle Dealerships.
- Owner User Opportunity: Both properties will be delivered vacant at the close of escrow.
- The two properties can be acquired separately or together as a portfolio sale.
- The two buildings total 18,751 square feet on a 1.27-acre lot.
- 456 Meridian is 9,775 square feet on a 0.93-acre lot.
- 460 Meridian is 8,976 square feet on a 0.34-acre lot.
- Both properties have very upscale showrooms, offices, storage/warehouse, and they share a large service center.
- Both properties have substantial capital improvements and are in excellent condition, new roof with a 20-year warranty and 4 new HVAC units both were installed in January 2025.
- Each property has 1 grade level roll up door.
- Large Rear Lot with Ample Parking (75 parking spaces).
- Located on Meridian Avenue between Parkmoor Avenue & Saddle Rack St.
- Excellent signage and visibility with very high traffic counts along Meridian Avenue.
- Easy access to Interstate 280 and only 1.6 miles from Stevens Creek Boulevard.
- Owner User Opportunity: Both properties will be delivered vacant at the close of escrow.
- The two properties can be acquired separately or together as a portfolio sale.
- The two buildings total 18,751 square feet on a 1.27-acre lot.
- 456 Meridian is 9,775 square feet on a 0.93-acre lot.
- 460 Meridian is 8,976 square feet on a 0.34-acre lot.
- Both properties have very upscale showrooms, offices, storage/warehouse, and they share a large service center.
- Both properties have substantial capital improvements and are in excellent condition, new roof with a 20-year warranty and 4 new HVAC units both were installed in January 2025.
- Each property has 1 grade level roll up door.
- Large Rear Lot with Ample Parking (75 parking spaces).
- Located on Meridian Avenue between Parkmoor Avenue & Saddle Rack St.
- Excellent signage and visibility with very high traffic counts along Meridian Avenue.
- Easy access to Interstate 280 and only 1.6 miles from Stevens Creek Boulevard.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Property Size
18,751 sq ft
Costar Property Class
B
Year Built
1966
Price
£8,930,354
Price per sq ft
£476.26
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.34
Total Plot Size
1.27 ac
Use Class
LI - Light Industrial
Parking
75 Spaces (4 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Signalised Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE END
- Martin Chirotarrab
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE END | ||
| Martin Chirotarrab | - | - | - | - |
Walk Score®
Easily Walkable (85)
Bike Score®
Good for cycling (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,017,914 | |
| Land Assessment | £3,512,357 | Total Assessment | £4,530,271 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,512,357
Improvements Assessment
£1,017,914
Total Assessment
£4,530,271
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LIKE NEW INDUSTRIAL, RETAIL SHOWROOM BLDS. | 456-460 Meridian Ave
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