500 San Benito Street presents a fully repositioned mixed-use investment opportunity in the heart of Downtown Hollister. This ±16,785 SF asset combines ground-floor retail with 12 newly rebuilt residential units, offering a diversified income stream and long-term stability. The property underwent a comprehensive interior redevelopment, including a new roof, upgraded elevator system, refreshed exterior and interior finishes, and substantial building systems enhancements. The ground floor is anchored by an in-place restaurant tenant with a fully built-out basement featuring walk-in refrigeration and food storage, ensuring operational depth and tenant retention. Zoned Downtown Mixed Use (DMU), the property supports both commercial and residential uses, benefiting from consistent pedestrian traffic and proximity to civic and retail destinations. Positioned along Hollister’s primary retail corridor, the asset offers investors a stabilized income profile with a reported 5.00%+ cap rate at asking. With major capital improvements completed and reduced deferred maintenance exposure, this property is well-suited for investors seeking a turnkey asset in a growing market.