A potential high-density development project has emerged, offering a promising opportunity for urban growth and community enhancement. This site has the capacity to accommodate up to possibly 50 units, along with commercial as a mixed use development. An adjacent neighbor, owning a substantial parcel as well, has shown interest in selling their property for an assemblage possibility. This could provide an entire city block for integrated development to create a vibrant and diverse mixed use project. BONUS: Possibility of making over $150K per year on the motel while going through the development and planning process!
MLS #
ML81978308
MLS Source
MLSListings, Inc.
Days on Site
68
Parking Spaces
20
Utilities
Public Utilities, Water - Public
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Composition
Sewer
Public Sewer
Zoning
R4
Listing Agent
Mike D'Ambrosio
Intero Real Estate Services
License #: 01841982
Phone: (408) 630-0101
Co-Listing Agent
Robert Godar
Intero Real Estate Services
License #: 01356357
Phone: (408) 655-6457
8897 Monterey Rd is a Business Opportunity in Gilroy, CA 95020. This 7,658 square foot property sits on a 1.1 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,499,000 and was built in –.
This address can also be written as 8897 Monterey Rd, 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.
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This listing information is up-to-date as of August 29, 2024. For the most current information, please contact Mike D'Ambrosio, (408) 630-0101