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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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4161 Serra Way, Milpitas – $11,988,000

  • $12M Price
  • 18,164 Sqft
  • 1.98 Acres
  • 7 DOM
  • $12M Price
  • 18,164 Sqft
  • 1.98 Acres
  • 7 DOM

4161 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.

Essential Information

  • MLS® #ML82026626
  • Price$11,988,000
  • Bathrooms0.00
  • Square Footage18,164
  • Acres1.98
  • Year Built1999
  • TypeResidential Income
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address4161 Serra Way
  • Area699 - Not Defined
  • CityMilpitas
  • CountySanta Clara
  • Zip Code95035

Amenities

  • Parking Spaces122
  • ParkingGuest, Uncovered, Unassigned
  • GaragesGuest, Uncovered, Unassigned

Interior

  • HeatingCentral
  • CoolingCentral Air

Exterior

  • RoofTile

School Information

  • DistrictOther

Additional Information

  • Date ListedNovember 3rd, 2025
  • Days on Market7
  • ZoningC2

Listing Details

  • AgentGuy Fong
  • OfficeCitistar Properties
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Guy Fong, Citistar Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of November 11th, 2025 at 2:56pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.