$11,988,000

4161 Serra Way, Milpitas, CA 95035

  • 18,164 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon1.98acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $660/sqft
  • Property List Date Icon Listed 5 days ago

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.

Listing Status:
Active
Date Added:
November 3, 2025 at 06:00AM
Listing Office:
Citistar Properties : 415-467-1818
Listing Agent:
Guy Fong : 415-467-1818
MLS ID:
ML82026626
  • A/C: Central Air
  • Heating: Central
  • Disability Feature: Parking
  • Parking: GuestUnassignedUncoveredParking spaces: 122
  • Roofing: Tile
  • Originating MLS: CRMLS_MLSL
  • School District: Other
  • County: Santa Clara
  • Zoning: C202224041
  • Source: CRMLS_MLSL

This listing courtesy of Guy Fong, Citistar Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Robert Randall Elementary School

1300 Edsel Dr, Milpitas, CA, 95035

Grades KG-6

0.80 miles away

R

Rancho Milpitas Middle School

1915 Yellowstone Ave, Milpitas, CA, 95035

Grades 7-8

1.45 miles away

C

Calaveras Hills

1331 E Calaveras Blvd, Milpitas, CA, 95035

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.