$6,688,000
Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street (ML82040865), 57 E 1st Street (ML82040868), 70 & 74 E Main Street, and 50 E Main Street (ML82040862). Marketing package is in the disclosure link.
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Listed by Jenny Huang with Coldwell Banker Realty (408) 779-5000
Property Type
Single Family Residence
Status
Active
MLS Number
ML82040872
Year Built
1908
Lot Size
7,462 sq ft