Rare opportunity for developer of hotel/motel or 100% commercial use (height limit up to 150 feet) in Bay Area only few mins away from Google new campus area and San Jose down down. Look up San Jose city website for more details Current rental income $5500/mon ends in 2022 Dec. Total lot size of 9,148sf. Great opportunity and income for developers. Land zoning is CP (commercial pedestrian) in San Jose city which is pedestrian-oriented retail activity or mix used commercial/residential Building with conditional permit. Seller has a proposed draft for 4-story building with one retail shop on the ground and 12 two bedroom/two bathroom units. Total 32 parking spaces. New investors can modify it into 8 studios for each floor and build up to 12-14 story building based on their own budget. Great location with a lot potentials. Near Japan Town, future Google transit village, San Jose down down, San Jose airport. Close to both 101 and 880 freeways. Currently leased to a greet tenant. Call for details.