6620 Monterey Rd - Warehouse FOR SALE


Gilroy, CA 95020
$1,400,000 USD
408-335-3009
6620 Monterey Rd, Gilroy, CA for Sale
$1,400,000 USD
Warehouse - FOR SALE
1/32
null | Request Cap Rate

6620 Monterey Rd
Gilroy, CA 95020


HIGHLIGHTS

  • 2,700 SF stand-alone building
  • 0.53 acre fenced and paved lot
  • Dock High and Grade Level Doors
  • 400 amps / 3-Phase 240/120
  • Potential for Future Multi-Family Development

OVERVIEW

Introducing 6620 Monterey Rd, Gilroy, CA, 95020 – a prime commercial owner/user opportunity with an upside of future multi-family development. This property boasts a 2,700 SF, stand-alone, two-story building with a large fenced and gated paved yard, offering the ideal space for your operations. Built in 2006, this well-maintained property has one grade level and one dock high roll up door. Zoned DSP-G (Downtown Specific Plan - Gateway District,) it provides the flexibility to accommodate a range of business activities. The property is identified as one of the City's opportunity sites for the Housing Element, with a total capacity of 13 low-income residential units for future development. Located between the newly constructed Monterey Gateway Apartments (75-units) and Roem Builder's development of 94 residential units this property provides a strategic position in the heart of the thriving South Bay/Gilroy market. The area surrounding the property provides unparalleled opportunities for an owner/user and/or housing redevelopment.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$583 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Loft/Creative Space, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.53

LAND SF

23,000

ZONING

Commercial Industrial

APN/PARCEL ID

841-14-081

ASK ABOUT THIS PROPERTY

Tony OdomCompass CommercialMore Info
408-335-3009

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Tony OdomCompass CommercialMore Info
408-335-3009

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