50 E Main AvenueMorgan Hill, CA 95037

Description

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 (ML82040872), and 50 E Main Street (ML82040862). Marketing package is in the disclosure link.

Property Information

Property type

Commercial Sale

Year built

1947

Stories

1

Building area

2,952 Sq Ft

Lot size

0.32 acres

Parking spaces

15

Zoning

CC

Days on market

218

MLS^® Listing#

ML82040862

Property Features

Cooling

Central Air

Heating

Central

Roof

Shingle

Utilities

Natural Gas Available

Water source

Public

Financial Details

Annual taxes

$83,500

Parcel number

72614052

Directions

Take US-101 N and exit at E Dunne Ave. Turn left onto E Dunne Ave, and turn right onto Butterfield Blvd. Continue north on Butterfield Blvd and turn left onto E Main Ave. 50 E Main Ave will be on the left side just before Monterey Rd. Cross Street: Monterey Rd