Gilroy, CA 95020,7601 Monterey ST

$1,200,000

Est. payment /mo

$1,488,000

19.4%
Est.Price: ?

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7601 Monterey ST Gilroy, CA 95020

0.54 Acres Lot

SOLD DATE : 12/30/2022

Key Details

Sold Price $1,200,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81810649

Sold Date 12/30/22

HOA Y/N No

Lot Size 0.540 Acres

Acres 0.54

Property Description

7601 Monterey Street, Gilroy, offers a ton of potential opportunities-central downtown Gilroy at 4th Street & Monterey Road. "Mixed-Use" development site for retail & residential development. Premier corner in Gilroy Downtown Specific Plan. Shares intersection with new residential/mixed use projects. Only 1,000 feet from the future High Speed Light Rail Station. Seller believes property is located in "Opportunity Zone" - buyer to verify. An investor's dream location with the highly anticipated future bullet train & the recent Amazon Data Services acquisition of approximately 66 acres of farmland next to U.S. Highway 101 between Leavesly Road & Gilman Road. Proposed building to be 2-story. Office space (residential) upstairs at 5938 sq ft & retail downstairs at 5938 sq ft. Buyer to check with City of Gilroy for approval of any build outs.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning C2

Interior

Fireplace No

Exterior

Fence None

Present Use Commercial

Schools

School District Gilroy Unified

Others

Tax ID 79904008

Financing Cash

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California Regional MLS (CRMLS)
Listed by Kate Davey • Century 21 Real Estate Alliance
Bought with Christian Renz • Renz & Renz

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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