101-109 E Main Ave - Retail FOR SALE


Morgan Hill, CA 95037
$1,295,000 USD
408-221-2717
101-109 E Main Ave, Morgan Hill, CA for Sale
$1,295,000 USD
Retail - FOR SALE
1/4
null | Request Cap Rate

101-109 E Main Ave
Morgan Hill, CA 95037


HIGHLIGHTS

  • Prime Downtown Morgan Hill Location
  • Corner Lot Exposure
  • Located on Annual Fourth of July Parade Route
  • ±3,840 SF Building | ±9,300 SF Parcel
  • Rear Parking
  • Strong Downtown Foot Traffic | Value-Add and Owner/User Potential

OVERVIEW

101 W. Main Avenue presents a rare opportunity to acquire a prominent downtown Morgan Hill commercial property located at the gateway to the City’s Main Street retail corridor. Situated on a highly visible corner parcel in the heart of the Central Business District, the property benefits from excellent pedestrian activity, strong local demographics, and immediate access to restaurants, retail amenities, Caltrain, and Highway 101. The property consists of approximately 3,840 square feet of retail/commercial space situated on an approximately 9,300 square foot (0.21-acre) parcel. The building is currently configured for multiple tenant occupancy and features rear parking, excellent street frontage, and exceptional exposure within Morgan Hill’s vibrant downtown core. Public records identify the property as a retail-use building constructed in approximately 1964. One of the property’s unique attributes is its location directly along Morgan Hill’s renowned Fourth of July Parade route, an annual tradition that attracts thousands of residents and visitors to Downtown Morgan Hill. This highly visible location provides exceptional community presence and branding opportunities for retail, restaurant, service, office, or mixed-use users.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$383 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,322 SF

ZONING

CC, Morgan Hill

APN/PARCEL ID

764-16-019

ASK ABOUT THIS PROPERTY

Marie AndersonCBRE, Inc.More Info
408-221-2717

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Marie AndersonCBRE, Inc.More Info
408-221-2717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.