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191 San Felipe Road, Hollister, CA 95023

Commercial property

191 San Felipe Road, Hollister, CA 95023 Sold December 2024 CRMLS
$5,850,000Sold December 2024

Listing Agent: Monterey Peninsul... (DRE #70000352) · Listing Office: KW Coastal Estates · Contact: (831) 622-6200 · Bought with: Monterey Peninsul... · KW Coastal Estates · MLS #ML81979750 · Source: CRMLS

27,371
Building Sq Ft
104,544 sqft
Lot Size
1985
Year Built
AP
Zoning
Commercial property
Type

About this commercial property

Well maintained multi-tenant retail center located in a centrally located and busy area of Hollister. Diverse uses and tenants in the center including medical, retail, offices, and restaurants. Attractive small unit sizes which can accommodate many uses. One block from new housing developments. In-Place Rents are significantly below-market. Highly desirable small unit sizes at the property which can accommodate a wide variety of uses. Nice diversification of uses/tenants at the property (Medical, Restaurant, Office, Service, etc.) High-traffic retail center with limited nearby competition/supply. Shadow-anchored by McDonalds and adjacent to US Post Office. Across the street from DMV and Taco Bell with Starbucks nearby. Close to Downtown Hollister, etc. Well-maintained retail center with no deferred maintenance (Roof replaced recently). Easy driving distance to the Bay Area and Monterey. All leases are NNN with annual rent increases. Within 2 miles of new regional Amazon distribution hub. Professionally managed property. Easy access to State Route 25 and State Route 156. North Gateway zoning district. New Residential Communities located in North Hollister: -The Lanes -The Knolls - Sold Out -The Meadow -Maple Park - Sold Out

Listing description from the December 2024 sale, as reported to CRMLS.

Sale history

$5,850,000
Sold December 2024 · listed $6,295,000, on market September 2024 · MLS #ML81979750 · Source: CRMLS
Listing Agent: Monterey Peninsul... · Listing Office: KW Coastal Estates · Contact: (831) 622-6200 · Bought with: Monterey Peninsul... · KW Coastal Estates
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