About 41-61 Serra Way
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.
Features of 41-61 Serra Way
| MLS® # | ML82026626 |
|---|---|
| Price | $11,988,000 |
| Square Footage | 18,164 |
| Square Footage | Other |
| Acres | 1.98 |
| Year Built | 1999 |
| Type | Multi-Residential |
| Sub-Type | Mixed Use or Other Multi-Unit |
| Status | Active |
Community Information
| Address | 41-61 Serra Way |
|---|---|
| Area | Milpitas |
| City | MILPITAS |
| County | Santa Clara |
| State | CA |
| Zip Code | 95035 |
Amenities
| Utilities | Public Utilities |
|---|---|
| Parking Spaces | 122 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central Forced Air Heat |
|---|---|
| Cooling | Central Air Conditioning, Multi-Zone |
| Fireplace | No |
Exterior
| Roof | Wood Roof |
|---|---|
| Foundation | Concrete Grid |
Additional Information
| Zoning | C2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Guy Fong |
|---|---|
| Office | Citistar Properties |
| Contact Info | 415-467-1818 |
