Morgan Hill · 95037
55 East 1st Street
1956 · 4 BD · 2 BA · 1,300 SQFT
List
$6.69M
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.
Bedrooms
4
Bathrooms
2
Interior
1,300sqft
Year built
1956
Lot size
6,400sqft
$ / Sqft
$5,145
Days on market
225d
Disclosure package
Not sourced yet.
Comp position · Sale price
Street View
Commute · Tue 8:30am
San Francisco
22m
Palo Alto
7m
Mountain View
9m
Similar homes
Offer this amount
$6.69M
What you keep at closing
$142,120