About 55 E 1st St
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(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.
Features of 55 E 1st St
| MLS® # | ML82040865 |
|---|---|
| Price | $6,688,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,300 |
| Square Footage | Other |
| Acres | 0.15 |
| Year Built | 1956 |
| Type | Single Family Residential |
| Sub-Type | Single Family Home |
| Status | Active |
Community Information
| Address | 55 E 1st St |
|---|---|
| Area | Morgan Hill / Gilroy / San Martin |
| City | MORGAN HILL |
| County | Santa Clara |
| State | CA |
| Zip Code | 95037 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities |
|---|---|
| Garages | Off-Site Parking, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central AC |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Shingle |
|---|---|
| Foundation | Crawl Space |
Additional Information
| Zoning | CC |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Realty |
|---|---|
| Contact Info | 408-203-1128 |