50 E Main Avenue, Morgan Hill, CA 95037
- $6,688,000
- List Price
- $6,688,000
- Status
- ACTIVE
- MLS#
- ML82040862
- Year Built
- 1947
- Lot Size
- 13,851
- Acres
- 0.32
- Days on Market
- 180
- Property Type
- Commercial
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.
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Additional Information
- Taxes
- $83,500
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Shingle
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $279,000
Listing courtesy of Listing Agent: Jenny Huang (jhuang1628@yahoo.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.