41-61 Serra WAY Active Save Request In-Person Tour Request Virtual Tour
Milpitas,CA 95035
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 18,164 sqft
Price per Sqft $659
MLS Listing ID ML82026626
Year Built 1999
Lot Size 1.980 Acres
Property Sub-Type Multiple Dwellings / Structures
Property Description
Exceptional Investment Opportunity: 41-61 Serra Way, Milpitas, CA Presenting a prime multi-tenant commercial investment opportunity in the core of Silicon Valley. 3 parcels totaling 1.98 acres across 2 adjacent properties in the high-visibility corner of Serra Way. The two-story building at 61 Serra Way features 1st floor retail and 2nd floor professional office suites with elevator access and fire-sprinklers. 41 Serra Way further anchors the asset within a thriving retail plaza, offering diverse tenancy and strong customer traffic. At the gateway to Silicon Valley, just minutes from I-880, I-680, and Hwy 237. Exceptional connectivity, dense daytime employment, and steady consumer activity generated by nearby tech campuses and the Great Mall of the Bay Area. Stabilized, income-producing asset (~95% occupancy) with value-add potential through lease optimization or repositioning. Highlights: Combined ±86,074 SF of mixed-use commercial office space ±1.98 acres across 3 parcels 34 Tesla charging stations on-site Strong visibility frontage and parking Demand drivers: Silicon Valley employment base, innovation economy, and retail services growth Rare opportunity to acquire a stabilized, income-producing commercial asset in one of the Bay Areas most resilient investment markets.
Location
State CA
County Santa Clara
Area Milpitas
Zoning C2
Interior
Heating Central Forced Air
Cooling Central AC,Multi-Zone
Exterior
Parking Features Guest / Visitor Parking,Parking Area,Unassigned Spaces,Uncovered Parking
Utilities Available Public Utilities
Roof Type Wood Shakes / Shingles
Building
Foundation Concrete Grid
Sewer Sewer Available
Water Individual Water Meter,Water On Site
Others
Special Listing Condition Not Applicable