285 W Main Avenue, Morgan Hill, CA, CA 95037
- $1,499,000
- 1,342
- SqFt
- List Price
- $1,499,000
- Status
- ACTIVE
- MLS#
- ML82050541
- County
- Santa Clara
- Year Built
- 1920
- Building Square Feet
- 1,342
- Square Feet
- 17,523
- Days on Market
- 21
- Property Type
- Multifamily
Property Description
Exceptional mixed-use investment opportunity in the heart of Morgan Hill! Situated on a 17,523 SF lot, this unique property offers immediate income and future development potential. The property features an approximately 723 SF commercial building occupied by a popular Boba Tea business, along with a separate 1,342 SF residential home offering 2 BD/2 BA. The residence is currently tenant-occupied, providing an additional income stream for investors. Located minutes from vibrant Downtown Morgan Hill, the property enjoys excellent visibility and convenient access to restaurants, shopping, Caltrain, and major commuter routes. Mixed-Use Neighborhood zoning creates exciting redevelopment possibilities. Conceptual plans for a multi-story mixed-use project have already been prepared and reviewed by the City of Morgan Hill, offering buyers valuable groundwork to explore expanded residential and commercial uses. Whether you're seeking a cash-flowing investment, live/work opportunity, or strategic redevelopment site, 285 W. Main Ave presents a rare chance to capitalize on both current income and long-term upside.
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Additional Information
- Taxes
- $15,960
- Parcel Number
- 76417007
- Gross Scheduled Income
- $66,600
- Number of Buildings
- 1
- Appliances
- Gas Cooktop
- Utilities
- Natural Gas Available
- Heat
- Forced Air
- Cooling
- Yes
- Roof
- Composition
- Carport Spaces
- 2
- School District
- Other
Listing courtesy of Listing Agent: David Zaria (david.zaria@compass.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.