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 (ML82040865), 57 E 1st Street (ML82040868), 70 & 74 E Main Street, and 50 E Main Street (ML82040862). Marketing package is in the disclosure link.
Location
Financial Information
List Price:$ 6688000
Property Features
Appliances:Refrigerator
Fencing:Wood
Flooring:Carpet, Laminate
Heating:Central
High School District:Other
Parking Features:Carport
Roof:Shingle
Water Source:Public
High School District:Other
MLS Area Major:699 - Not Defined
City:Morgan Hill
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Direct link:
http://www.searchproperties.sdvalues.com/listings/direct/8e223253e606a8dd6167299eea198d8c
Listed By:
Jenny Huang
Coldwell Banker Realty
CA Lic#
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