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Listed by Kate Davey • Century 21 Real Estate Alliance
Bought with Christian Renz • Renz & Renz
Bought with Christian Renz • Renz & Renz
$1,200,000
$1,488,000 19.4%
Est. payment /mo
0.54 Acres Lot
Sold on 12/30/2022
7601 Monterey ST Gilroy, CA 95020
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Key Details
Sold Price $1,200,000
Property Type Vacant Land, Commercial
Sub Type Other Commercial Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81810649
Lot Size 0.540 Acres
Property Sub-Type Other Commercial Land
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 Morgan Hill / Gilroy / San Martin
Zoning C2
Exterior
Fence None
Utilities Available Public Utilities
View Downtown
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Water Available at Street
Others
Special Listing Condition Not Applicable
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