CA
Santa Clara
MILPITAS
95035
41-61 Serra Way
41-61 Serra Way, MILPITAS, CA 95035
Share Listing
Listing Type
Multi Family
Listing Status
active
18
$11,988,000

Home Details for 41-61 Serra Way

Price
$11,988,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
18164
Year built
1999
Lot size acres
1.98
County
Santa Clara
Garage
Days on site
0
MLS Listing#
ML82026626
Listed By: Citistar Properties - 415-467-1818
Listed By: Guy Fong
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.

Property Features
  • Cooling Information
    • Central Air
    • Zoned
  • Heating Information
    • Central
    • Forced Air
  • Parking
    • Guest
    • Unassigned
  • House Interior
    • Elevator
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-11-11 17:32:30
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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