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7451 Monterey St
Gilroy, CA 95020

$1,499,950 USD

Storefront For Sale • 2,376 SF

Property Details

Property Type Storefront
Total Building Size 2,376 SF
Lot Size 0.06 AC
Building Class C
Year Built 1900
Cap Rate 3.45 %
Tenancy Multiple
Zoning C2

0 Transit Score

90 Walk Score

                
                    Highlights
                
                                Heavy Foot Traffic along Gilroy's Downtown "Main Street" (Monterey Road), Historic Paseo, and Infamous Gourmet Alley.
                            
                                Gorgeously renovated, reinforced, and upgraded.
                            
                                Many retail and other commercial possibilities.

Financial Summary (Proforma)

Net Operating Income: $51,750 USD (2024)

Cap Rate:	3.45 %
Total Expenses:	$20,250 USD

Amenities

24 Hour Access
Commuter Rail
Conferencing Facility
Courtyard
Restaurant
Security System
Skylights
Accent Lighting
Storage Space
Recessed Lighting
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Gilroy (Caltrain - Caltrain (Caltrain))	1 min	6 min	0.3 mi
San Martin (Caltrain - Caltrain (Caltrain))	9 min	-	5.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Ryan Mull 408-805-0359 The Realty Society Group

7451 Monterey St Gilroy, CA 95020