43513 Mission Boulevard, Fremont, CA 94539

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List Price
$2,200,000
Status
ACTIVE
MLS#
ML82067081
Year Built
1900
Lot Size
15,125
Acres
0.35
Days on Market
1
Property Type
Commercial

Property Description

A fully leased mixed-use investment in the heart of the Fremont Mission corridor, offered at $2,200,000. Three buildings on a single ±15,125 SF parcel, with ±4,416 SF of improvements and 28 onsite parking spaces a rare combination of immediate cash flow and long-term upside in one of Fremont's most established neighborhoods. The property is 100% occupied, with tenants in place for 10+ years. Current income is $9,788 per month ($117,456/year), producing a 5.34% cap rate on actuals (5.50% pro forma). The street-facing retail unit ±1,200 SF is leased at $4,380/mo through 2028, anchoring the income stream with a long-term tenant. The mix works two ways. For an owner-user, live in one unit and lease the other three. For an investor, it is a turnkey, 1031-ready asset: fully leased, stable tenants, and income from day one no lease-up risk, no renovation required. The property sits on Mission Blvd, adjacent to Ohlone College in the Mission San Jose school district, with strong street visibility and steady neighborhood foot traffic. The Town Center zoning (TC-P(HOD)(H-I)) also carries future mixed-use development potential ground floor retail with residential above subject to buyer verification and City approvals. Offered as-is. APN 513-610-33.

Additional Information

Taxes
$26,620
Cooling
Yes
Roof
Other
Attached Structure
Detached
Gross Scheduled Income
$117,456

Listing courtesy of Listing Agent: Tim Vi Tran (tim@theivygroup.com) from Listing Office: The Ivy Group.

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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.