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$1,095,000

7810 Monterey Street
Gilroy, California 95020

Closed / MLS #81940118 / Commercial / Mixed Use / Gilroy
Listing information updated 1/23/2025 at 4:44pm
4,000 SqF multi-tenant office with large lot surrounded by the excellent shopping, dining, & entertainment options in Downtown Gilroy. Corner location with high visibility & frontage on the main road. 5 offices- all of which are occupied. 3 contiguous offices can be delivered vacant at COE. Perfect for medical, administrative, real estate brokerage, & many other uses. As a medical office, it is centrally located with St. Louise Regional Hospital only 2.3 miles away. Situated within Gilroys Downtown Expansion District (DED). Numerous permitted land uses. Potential to redevelop & residential housing is an allowed use with a conditional use permit. Exterior amenities include a high visibility sign & large parking lot with approx. 25 parking spaces. 7810 Monterey Highway provides an owner user with a turnkey office solution in a high visibility downtown location & the investor with a reliable cash flow stream and significant development potential. CAP Rate: 5% Current, 6.64% Proforma. Buyer to verify building square footage and lot size.
Lot Size:
15480 SquareFeet
Acreage:
0.355
Built:
1966
Roof:
Composition
Current Use:
Office
Potential Use:
Office
Zoning:
C2
Tax Amount:
N/A
Tax Year:
N/A
Zip Code:
95020
City:
Gilroy
County:
Santa Clara

Listing Agent: Ismael Benhamida

Listing Office: Compass

Disclaimer: The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Christie’s International Real Estate Sereno are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS as of 1/23/2025 at 4:44pm (date the MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.

$1,173,340
Average Sale Price
6
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 7810 Monterey Street, Gilroy, CA 95020

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7810 Monterey Street, Gilroy, CA 95020 is a commercial / mixed use which sold for $1,095,000. This commercial / mixed use has been listed on Christie's International Real Estate Sereno since August 28th, 2023 and was built in 1966.

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