Property Details
About this Property
4,000 SqF multi-tenant office with large lot surrounded by the excellent shopping, dining, & entertainment options in Downtown Gilroy. Corner location with high visibility & frontage on the main road. 5 offices- all of which are occupied. 3 contiguous offices can be delivered vacant at COE. Perfect for medical, administrative, real estate brokerage, & many other uses. As a medical office, it is centrally located with St. Louise Regional Hospital only 2.3 miles away. Situated within Gilroys Downtown Expansion District (DED). Numerous permitted land uses. Potential to redevelop & residential housing is an allowed use with a conditional use permit. Exterior amenities include a high visibility sign & large parking lot with approx. 25 parking spaces. 7810 Monterey Highway provides an owner user with a turnkey office solution in a high visibility downtown location & the investor with a reliable cash flow stream and significant development potential. CAP Rate: 5% Current, 6.64% Proforma. Buyer to verify building square footage and lot size.
MLS Listing Information
MLS #
ML81940118
MLS Source
MLSListings, Inc.
Commercial Information
# Buildings / # Units
2 / 5
Parking Spaces
40
Present Use
Office
Utilities
Water - Public
Interior Features
Flooring
Carpet
Cooling
Central Forced Air
Heating
Forced Air
Exterior Features
Roof
Composition
Foundation
Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
C2
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 5 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
7810 Monterey St is a Commercial Sale in Gilroy, CA 95020. This 2,502 square foot property sits on a 0.355 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,095,000 and was built in 1966. This address can also be written as 7810 Monterey St, Gilroy, CA 95020.
©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of January 10, 2024. For the most current information, please contact Ismael Benhamida, (408) 373-6195
