5680 Monterey Rd - Service FOR SALE


Gilroy, CA 95020
$8,999,000 USD
408-710-3459
5680 Monterey Rd, Gilroy, CA for Sale
$8,999,000 USD
Service - FOR SALE
1/10
null | Request Cap Rate

5680 Monterey Rd
Gilroy, CA 95020


HIGHLIGHTS

  • 195 feet frontage of visibility from US 101
  • 10 acres with the Front area paved
  • Close to the new Proposed Sharks Ice and Sports park
  • Visible to over 75,000 vehicles each Day

OVERVIEW

Formerly ‘Senaida’s Painted Wagon’ Restaurant and Bar. 195 Feet of Frontage visible from US 101! Estimated that Over 75,000 vehicles pass this location daily. 10 acres total. Currently this property has one Mixed use building. The Mixed use building consists of two 3 Bedroom, 1 Bath apartments on the second level and a large bar, kitchen, stage, and two restrooms on the lower level. Zoning was ‘Mixed use Commercial’ (CM or M1) although City of Gilroy has the zoning in the 2040 plan as ‘City Gateway District’(GD). Prior Rents were around $7,000 month. Proposed Sharks Ice and Sports park is nearby.

FOR SALE DETAILS

PRICE

$8,999,000 USD

PRICE/SF

$1,286 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5680 Monterey Road

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Distribution, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - Septic Field, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.03

LAND SF

437,099

ZONING

Mixed Use Gateway

APN/PARCEL ID

841-14-028

ASK ABOUT THIS PROPERTY

Jeremy DavinerIntero Real Estate SvcMore Info
408-710-3459

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Jeremy DavinerIntero Real Estate SvcMore Info
408-710-3459

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