$6,688,000
FOR SALEActive50 E Main Avenue
Morgan Hill CA 95037
2,952
SF
Commercial
Type
1947
Built
$2,266/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial
Property Type
Active
Status
CC
Zoning
0.318 acres
Lot Size
2,952 SF
Square Footage
$2265.58/SF
Price per SF
$83,500
Annual Tax
1,947
Year Built
1
Stories
15
Parking Total
5.08
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Sold $807,800SOLD1,056 SF145 W Main AvenueSold Jan 2025Real Brokerage Technologies | DRE #01342232Buyer's agent: Sherry Vu, Maxreal | DRE #01365345
Closed commercial sales reported, newest first.