Realtor® · DRE #02062282
Active

55 E 1st ST

Morgan Hill, CA 95037
$6,688,000
4 Beds2 Baths1,300 Sq Ft
MLS #ML82040865
Overview

55 E 1st ST Overview

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(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.

Facts & Features

Property Details

Association0
School DistrictMorgan Hill Unified
Year Built1956
County Or ParishSanta Clara
MLS Area MajorMorgan Hill / Gilroy / San Martin
Parcel Number726-14-046
Property Sub TypeDetached
Property TypeResidential
ZoningCC
Garage Spaces0
Bathrooms Full2
Bedrooms Total4
CoolingCentral AC
Fireplace0
FlooringHardwood,Tile
Foundation DetailsCrawl Space
HeatingForced Air
Living Area1300
Stories Total1
Parking FeaturesOff-Site Parking,On Street
Lot Size SourceAssessor
Water SourcePublic
RoofShingle
FencingWood
HorseNo
Pool Private0
SewerSewer - Public
UtilitiesIndividual Electric Meters,Individual Gas Meters,Natural Gas,Public Utilities