INDUSTRIAL PROPERTY SHOWCASE – IMPECCABLY MAINTAINED WAREHOUSE WITH OFFICE

San Jose

1937 Concourse Dr | Commerce Venture Center | San Jose, CA 95131

3,196 SF Flex Condo | Offered at $1,550,000 ($484.98/SF)

Executive Summary

Welcome to 1937 Concourse Drive, an impeccably maintained flex condo in the heart of North San Jose’s Commerce Venture Center. Built in 2004 and spanning ±3,196 SF, this property offers the kind of turnkey functionality that modern businesses demand: a polished office buildout, soaring 24’ clear height warehouse space, a roll-up door for seamless logistics, and two large restrooms for convenience.

What sets this property apart is its dual-level design—a reception and office suite at entry level, with a second-floor office zone that adds extra functionality without sacrificing warehouse footprint. Whether you’re an owner-user seeking operational control or an investor eyeing San Jose’s strong flex market, 1937 Concourse Drive balances efficiency, adaptability, and presentation.

Why It Works / Investment Highlights

• Polished + Practical — ±3,196 SF total, with ±650 SF of dedicated office space with reception, conference room, and two restrooms.
• Warehouse Ready — 24’ ceiling height, fully sprinklered, and serviced by a roll-up door.
• Dual-Level Advantage — Second-floor office buildout maximizes utility.
• Meticulously Maintained — Both interior and exterior show pride of ownership.
• Versatile Zoning (IP) — Allows for a wide range of industrial, office, and specialized uses.
• Previous Use Approved — Previously operated with permits as a church, demonstrating flexible adaptability.

Property Facts

• Available Unit: ±3,196 SF (Unit 1937)
• Price: $1,550,000 ($484.98/SF)
• Property Type: Flex (Condo)
• Subtype: Light Distribution / Flex
• Year Built: 2004 Floors: 2
• • Lot Size: 1.40 AC
• Zoning: I / Industrial Park (flex/office permitted)
• Parking Ratio: 1.22/1,000 SF

Strategic Angle

San Jose’s North industrial corridor is short on quality, small-format ownership opportunities. 1937 Concourse Drive checks that box—offering a flex condo that combines office polish with roll-up door functionality. For the business owner, it’s a foothold in one of Silicon Valley’s most supply-constrained submarkets. For the investor, it’s an opportunity to capture demand from R&D, office, and light industrial tenants priced out of larger facilities.

Bottom Line

1937 Concourse Drive is more than a flex condo—it’s a headquarters in one of Silicon Valley’s most sought-after industrial parks. Impeccably maintained, versatile in use, and strategically positioned, it offers buyers the rare blend of visibility, control, and scalability.

Industrial Market Observations

• North San Jose Submarket: Nearly 33M SF of industrial inventory, with 2/3 in flex buildings, making it Silicon Valley’s largest industrial node.
• Demand Trends: Rising interest from R&D users, assembly/manufacturing groups, and hybrid office/warehouse occupiers.
• Ownership Scarcity: Small-format industrial condos under 5,000 SF are becoming increasingly rare in the region.

Positioned, polished, and primed for growth—1937 Concourse Dr is the San Jose flex opportunity that combines warehouse power with office sophistication.

Links

Argossy International Properties
San Jose Economic Development Dept.

Transportation Access
Cargo Rail: Union Pacific Newhall Yard — ~8 mi / ~16 min drive
Cargo Port: Port of Oakland — ~34 mi / ~42 min drive
Cargo Air: San Jose International Airport — ~5 mi / ~10 min drive