55 E 1st StreetMorgan 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(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1956

Stories

1

Living area

1,300 Sq Ft

Lot size

0.15 acres

Parking spaces

2

Zoning

CC

Days on market

211

MLS^® Listing#

ML82040865

Property Features

Cooling

Central Air

Heating

Forced Air

Flooring

Tile · Wood

Parking

Off Site

Fencing

Wood

Roof

Shingle

Utilities

Natural Gas Available

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

72614046

Directions

Take US-101 toward San Jose and exit at E Dunne Ave. Turn left on E Dunne Ave, then turn right on Butterfield Blvd. Continue north and turn left on E Main Ave. Turn left on Depot St, then turn right on E 1st St. 55 E 1st St will be on the right side. Cross Street: Monterey Rd