319 S Monroe Street, San Jose, CA 95128

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Sold Price
$3,900,000
List Price
$4,100,000
Closing Date
Jun 05, 2026
Status
CLOSED
MLS#
ML82027660
Year Built
1957
Lot Size
16,375
Acres
0.38
Days on Market
120
Property Type
Commercial

Property Description

319-325 S. Monroe Street is a multi-tenant retail center 100% leased to four tenants. The building measures approximately 7,680 square feet and is situated on a 0.38-acre parcel. The building improvements are masonry block construction with plate glass and anodized aluminum frame storefronts. There are 18 on-site parking spaces for a ratio of 2.34 per 1,000 SF. The parking lot was recently sealed and striped and the roof had a new covering applied in 2025. The property is in excellent condition and has been well maintained by the owner. The site is located across Westfield Valley Fair and Santana Row, which are two of the most successful retail developments in Northern California. Westfield Valley Fair has 2.2 million square feet of retail space and is leased to more than 200 stores and 50 restaurants, including luxury retailers such as Balenciaga, Versace, Louis Vitton, Gucci, Prada, Burberry, Dolce & Gabbana, and Patek Phillipe. The shopping center went through a $1.1 billion expansion in 2020 that added 500,000 square feet of space. Santana Row has about 90 shops and restaurants in nearly 500,000 square feet of space. Major tenants include Crate & Barrel, Lululemon, Nike, The Container Store, Tesla, Sephora, and Rivian.

Additional Information

Taxes
$51,953
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Flat
Water
Public
Attached Structure
Detached
Gross Scheduled Income
$315,178

Listing courtesy of Listing Agent: Joshua Johnson (joshua.johnson@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Listing sold by Joshua Johnson from 24/7 Realty Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.