702 Minnesota Avenue, San Jose, California 95125, San Jose, 95125 - 0 bed, 2 bath
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San Jose, California 95125
This Prime Willow Glen Redevelopment Asset is listed at $1,595,000, representing a stable acquisition aligned with its $1,590,256 Fair Market Value. Zoned CP - Commercial Pedestrian with a 40-foot building height allowance, the property offers immense upside for high-density projects on a 7,275 Sqft Lot. Currently maintaining a Condition Rating of 4, the site features a full kitchen, deck, and rare 10-car off-street parking. Proximity to Top-Rated Booksin Elementary and major transit hubs ensures long-term demand. This is a strategic play for Commercial Developers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Minnesota Avenue Subject | $1,595,000* List Price | 0 | 2 | 1,088 | $1,462 | - |
A 2076 Coastland Avenue Sold | $1,800,000 | 3 | 1 | 1,050 | $1,714 | 0.9 mi |
B 1003 Spencer Avenue Sold | $1,488,000 | 3 | 2 | 996 | $1,494 | 0.5 mi |
C 1295 Vernon Avenue Sold | $1,230,000 | 2 | 1 | 1,085 | $1,134 | 0.2 mi |
D 715 Harrison St Sold | $1,300,000 | 2 | 2 | 1,141 | $1,139 | 0.9 mi |
E 1934 Kirkland Avenue Sold | $1,325,000 | 2 | 1 | 891 | $1,487 | 0.7 mi |
F 1724 Creek Drive Sold | $1,450,000 | 2 | 1 | 891 | $1,627 | 0.5 mi |
G 1068 Broadway Avenue Pending | $1,290,000 List Price | 2 | 2 | 912 | $1,414 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this unique A-frame property is currently configured as an office space and is well-maintained but aesthetically dated. The kitchen/break room features older wood-trimmed cabinetry and basic appliances, while the bathrooms and fluorescent lighting fixtures reflect older commercial standards. While the interior is clean with functional carpeting and baseboard heating, the property lacks modern residential finishes and would require significant updates to the kitchen, bathrooms, and electrical fixtures to meet current residential quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7275, living area = 1088.
The CP (Commercial Pedestrian) zoning allows for a building height of up to 40 feet, providing a prime opportunity for high-density redevelopment or a substantial commercial project.
Ideally situated in Willow Glen with immediate access to Highways 280 and 87, proximity to light rail, and bordering the Three Creeks Walking Trail, ensuring excellent visibility and accessibility.
While the property offers live/work potential, it requires a conditional use permit for residential occupancy, adding a layer of bureaucratic uncertainty and time for prospective buyers.
At a list price of $1.595M for only 1,088 square feet of existing structure, the value is heavily weighted toward the land and zoning rather than the current building's utility.
Here is your chance to own one of Willow Glen's most prolific office buildings! Property is zoned CP - Commercial Pedestrian and is prime for redevelopment. The CP zoning Designation allows for a building height of up to 40 feet. There is a possibility to live in existing building with a conditional use permit. Live and work from home? There are 1.5 bathrooms and a full function kitchen/break room. Off street parking for up to 10 cars. Great freeway access to highway 280 & 87. Short distance to the light rail. This property is bordered by Minnesota Avenue, Hervey Lane and the newer Three Creeks Walking Trail. This is truly a one of a kind property!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,088 | 1,755 | 13% |
| Lot Size | 7,275 | 6,634 | 60% |
| Price | $1.59M | $2.00M | 28% |
| Price per sq ft | $1.5K | $1.1K | 85% |
| Built year | 1973 | 1953 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 92 | 6% |
Mar 14, 2026
$1,595,000
Initial Listing