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$6,688,000
Est. payment /mo
0.32 Acres Lot
Active
50 E Main AVE Morgan Hill, CA 95037
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82040862
HOA Y/N No
Year Built 1947
Annual Tax Amount $83,500
Lot Size 0.318 Acres
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.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning CC
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Shingle
Total Parking Spaces 15
Building
Story 1
Water Public
Others
Tax ID 72614052
Virtual Tour https://f8.f8re.com/sites/rnqvxnzm/unbranded

Listed by Jenny Huang Coldwell Banker Realty #01362454
NEARBY SCHOOL & BUSINESS

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