178 2nd St - Office FOR SALE


Gilroy, CA 95020
$1,450,000 USD
831-646-1919
178 2nd St, Gilroy, CA for Sale
$1,450,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

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178 2nd St
Gilroy, CA 95020


HIGHLIGHTS

  • Interior connecting doors between Suites A & B and Suites C & D allow each side of the building to function as larger contiguous spaces or as separate
  • 15 on-site parking spaces (14 standard + 1 ADA stall)
  • Flexible layout accommodates multiple medical or professional office users
  • Excellent accessibility to Highway 101, Downtown Gilroy, and regional medical services
  • Sprinkler-protected throughout

OVERVIEW

Mahoney and Associates is pleased to present the opportunity to acquire 178 2nd Street, a well-maintained multi-tenant medical office property located in the established medical and professional office district of Gilroy, California. The property consists of a ± 4,491 square foot medical office building situated on a ±0.31-acre parcel and is thoughtfully designed with four individual suites, each featuring its own private entrance. The building offers exceptional flexibility for a variety of ownership strategies. Suites A and B are currently occupied, on a month-to-month basis by The Center for Cardiovascular / KAAJ Healthcare Group, providing near-term income with future occupancy flexibility. While Suites C and D are vacant, presenting immediate leasing or owner-user opportunities.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Medical Office Investment

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

PO

APN/PARCEL ID

799-03-068

ASK ABOUT THIS PROPERTY

Ian JonesMahoney & AssociatesMore Info
831-646-1919

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Ian JonesMahoney & AssociatesMore Info
831-646-1919

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