CA > Milpitas
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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Eric Chu

Eric Chu

+1(650) 922-7449
Listed by Guy Fong • Citistar Properties
$11,988,000
Est. payment /mo
18,164 SqFt
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UPDATED:

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 Offering 3 parcels totalling 1.98 acres across two adjacent properties in the highly-visible Serra Way retail/office corridor. The two-story building at 61 Serra Way features ground-floor retail and second-floor professional offices with elevator access and fire-sprinklered construction. The adjoining address at 41 Serra Way further anchors the asset within the plaza, offering strong tenant diversity and a solid retail draw. Strategically located in Milpitas, just minutes from U.S. Routes 880 & 237, the site benefits from heavy traffic counts, high daytime population, and strong visibility. The offering presents an ideal entry or expansion acquisition for investors seeking an established asset with value enhancement potential through leasing rollout or repositioning. Currently 95% Tenant Occupancy Combined ~86,074.56 SQFT of mixed-use retail + professional office space. Existing infrastructure supports high-quality tenants (elevator, ADA upgrades, sprinklers). Prime Bay Area submarket with long-term demand drivers from tech-driven employment and retail services growth. Don't miss this rare Milpitas investment offering in a market with robust fundamentals.

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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Eric Chu
Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com

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41-61 Serra WAY