Milpitas, CA 95035,41-61 Serra WAY
Milpitas, CA 95035,41-61 Serra WAY
Milpitas, CA 95035,41-61 Serra WAY
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Listed by Guy Fong • Citistar Properties
$11,988,000
Est. payment /mo
18,164 SqFt
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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

Tax ID 022-24-041

Security Features Fire Alarm ,Security Alarm

Horse Property No

Special Listing Condition Not Applicable


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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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41-61 Serra WAY