50 E Main AVE, Morgan Hill, CA 95037

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List Price
$6,688,000
MLS#
ML82040862
Status
ACTIVE
Property Type
com
Listing Area
Morgan Hill / Gilroy / San Martin
Year Built
1947

Property Description

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 (ML82040872), and 50 E Main Street (ML82040862). Marketing package is in the disclosure link.

Additional Information

Age
79
Cooling System
Central AC
Floor Covering
Carpet, Vinyl / Linoleum
Foundation
Concrete Slab
Garage Parking
No Garage, On Street, Parking Area
Heating System
Central Forced Air
County
Santa Clara
Neighborhood
Morgan Hill / Gilroy / San Martin
Other Utilities
Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Present Use
Medical/Dental, Office
Roof
Shingle
Sewer
Sewer - Public
Special Features
Parking
Unincorporated Yn
Yes
Zoning
CC

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jenny Huang from Coldwell Banker Realty. 408-203-1128

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