$1,200,000
$1,488,000
19.4%For more information regarding the value of a property, please contact us for a free consultation.
7601 Monterey ST Gilroy, CA 95020
0.54 Acres Lot
Key Details
Sold Price $1,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81810649
Sold Date 12/30/22
HOA Y/N No
Lot Size 0.540 Acres
Property Description
7601 Monterey Street, Gilroy, offers a ton of potential opportunities-central downtown Gilroy at 4th Street & Monterey Road. "Mixed-Use" development site for retail & residential development. Premier corner in Gilroy Downtown Specific Plan. Shares intersection with new residential/mixed use projects. Only 1,000 feet from the future High Speed Light Rail Station. Seller believes property is located in "Opportunity Zone" - buyer to verify. An investor's dream location with the highly anticipated future bullet train & the recent Amazon Data Services acquisition of approximately 66 acres of farmland next to U.S. Highway 101 between Leavesly Road & Gilman Road. Proposed building to be 2-story. Office space (residential) upstairs at 5938 sq ft & retail downstairs at 5938 sq ft. Buyer to check with City of Gilroy for approval of any build outs.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning C2
Interior
Fireplace No
Exterior
Fence None
Present Use Commercial
Schools
School District Gilroy Unified
Others
Tax ID 79904008
Financing Cash
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Bought with Christian Renz • Renz & Renz