$6,688,000

4 Bedrooms Single Family Detached

  • 4 Beds
  • 2 Baths
  • 1,300 Sqft
  • Updated: March 31
  • MLS#ML82040865

About the Property

Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101.
Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.
  • Property type

    House

  • Year built

    1956

  • Price/sqft

    $5,144

Features

  • Air Conditioning

Explore the Area

55 E 1st St, Morgan Hill, CA 95037, California, United States View on Google Maps
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Coldwell Banker Realty - Morgan Hill

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Coldwell Banker Realty - Morgan Hill
California, United States
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11
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2021
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Coldwell Banker Realty - Morgan Hill
Coldwell Banker Realty - Morgan Hill
950 Tennant Station, 95037, Morgan Hill, California, United States
View agency profile
Last updated
March 31
First listed
Mar 31
Listing reference
sqneeb
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