14,742 SF Food Processing/Commercial Kitchen

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Business, Equipment, Vehicles & The Trade Name are Not Included in the Sale. Rare opportunity to acquire an industrial food processing/commercial kitchen facility in San Jose which consists of 2 buildings totaling 14,742 square feet on a 35,763 square foot gated lot with ample yard space, the property has 7 parcels. The property is currently owner operated and will be delivered vacant at close of escrow, allowing for immediate occupancy by an Owner User. The property is located in an opportunity zone. The property is currently owned by IL Pastaio Foods who is a wholesale manufacturer of pasta products. The facility includes walk in refrigerators and freezers, dry storage, packaging rooms, commercial kitchen, floor drains, and grease traps. The facility was a USDA approved facility for many years and the license can be reinstated very easily. The property is in the light industrial zoning designation and in the Urban Village general plan designation. The property is in the Five Wounds BART – Urban Village general plan designation, which is intended to transition the area to a vibrant mixed use and pedestrian oriented district that complements and supports the E Santa Clara – Alum Rock Bus Transit System along E Santa Clara. The density in this designation is up to 250 DU/AC, minimum FAR 0.75 (3 to 9 stories). The 0.75 FAR commercial requirement does not apply to certain 100% affordable housing developments. The property is located on the corner of E Julian St and N 27th St, 1 block from highway 101. Strong demographics with household incomes in excess of $115,632 in a 1-mile radius.