Property Details
About this Property
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 Listing Information
MLS #
ML81978308
MLS Source
MLSListings, Inc.
Days on Site
87
Business Information
Parking Spaces
20
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Sewer
Public Sewer
Zoning
R4
Contact Information
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
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
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.
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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
