55 E 1st ST, Morgan Hill, CA 95037
- $6,688,000
- 4
- BD
- 2
- BA
- 1,300
- SqFt
- List Price
- $6,688,000
- MLS#
- ML82040865
- Status
- ACTIVE
- Property Type
- res
- Bedrooms
- 4
- Total Bathrooms
- 2
- Full Bathrooms
- 2
- Sqft. of Residence
- 1,300
- Lot Size
- 6,400
- Listing Area
- Morgan Hill / Gilroy / San Martin
- Year Built
- 1956
Property Description
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.
Additional Information
- Age
- 70
- Cooling System
- Central AC
- Family Room
- Kitchen / Family Room Combo
- Fence
- Wood
- Floor Covering
- Hardwood, Tile
- Foundation
- Crawl Space
- Garage Parking
- Off-Site Parking, On Street
- Heating System
- Forced Air
- Living Area
- 1,300
- Lot Size
- 6,400
- Neighborhood
- Morgan Hill / Gilroy / San Martin
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
- Roof
- Shingle
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- CC
Mortgage Calculator
Listing courtesy of Jenny Huang from Coldwell Banker Realty. 408-203-1128
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