521 Charcot Ave
San Jose, CA 95131

• Unit Size: 3,180 SF
• Condo Use: Office
• Price: Price Upon Request
• Sale Type: Investment

Description

2 condo units combined into a 3,180 SF office commercial condo. The office condo contains 2 private offices, a plan room, break room/kitchen and reception area. Entry from the Junction Avenue side with access from the interior as well. Fire sprinklered and 100% HVAC.
Can be demised to two 1,590 square foot units or leave as one 3,180 Sf office space.  One interior roll up door filled in with glass and can be re-activated.

Sale Notes

Newmark is pleased to exclusively present the opportunity to acquire two adjacent vacant condo units within a premier commercial complex in the heart of Silicon Valley at 521 Charcot Avenue in North San Jose, California. This rare opportunity allows businesses to purchase their own office space in a highly coveted commercial destination. 

Located within the Club Sportiva complex - an 86 unit car and business condo complex with a 10,000 square foot showroom/event center for social functions. Club Sportiva offers concierge/reception services, an 800 square foot conference room available to condo owners, and a sophisticated security system.  High speed fiber optic internet, VoIP phone services available to the condo.
  
521 Charcot Avenue Suites 203 and 205 provide an ideal home for office, retail, and light industrial operations, with 3,180 square feet of versatile space within the well-known Club Sportiva condo complex. Currently built out as offices, the condos offer a 20-foot clear height, access to a shared conference room, and secure gated entry with optional closed-circuit cameras. The existing floorplan includes two private offices, a printing and copying space, a sample room, and a break room surrounding a central open area. The suites are easily accessible, with a parking ratio of 2/1000 and convenient access to the nearby 880 Freeway and the 101. The San Jose Mineta International Airport is reachable in less than 10 minutes, providing additional support for longer-distance travel and logistics. A new user can remove the dividing wall and create a spacious home for their operations, while investors can lease the spaces separately for elevated revenue. 
 
The Club Sportiva commercial community was originally constructed in 2008 and is home to numerous upscale auto-related businesses, including luxury rentals, collector storage, showrooms, dealerships, and service providers. The complex’s namesake member’s club, known as the country club for car enthusiasts, attracts a high concentration of affluent aficionados and collectors of luxury vehicles. Club Sportiva boasts an on-site clubhouse, upscale lounge and bar, a 10,000-square-foot event center, and more. Desirable features benefit auto-related ventures in the community, including interior roll-up doors hidden from the street, 24-foot interior drive aisles, built-in carbon monoxide ventilation, and advanced fire protection. 
 
North San Jose is a predominantly industrial and commercial area that extends northward from San Jose International Airport to the San Francisco Bay. The submarket contains around 33 million square feet of industrial space, making it the largest in the San Jose metro area. Two-thirds of the space is in flex buildings, much of which is tenanted by tech companies for research, development, and manufacturing. With no new supply delivered in the past year and nothing currently under construction, the submarket is poised for moderate rent growth. 
 
North San Jose provides businesses access to a robust demographic profile within 5 miles of 521 Charcot Avenue. The population, currently exceeding 515,000, is highly educated, with 49% carrying a bachelor’s degree or higher. Silicon Valley’s strong job market in tech and related fields has resulted in an average household income of over $160,000. These affluent, car-dependent professionals totaled more than $1.8 billion in 2023 of consumer spending on transportation and maintenance. The condos at Club Sportiva are perfectly positioned to capture this valuable market with an existing audience of luxury car enthusiasts.