7810 Monterey HighwayGilroy, CA

For Sale

Ismael Benhamida

Wharton MBA, Senior Vice President Investments
Compass
408.373.6195
DRE#: 01722847
FOR
SALE
FOR
SALE

7810 Monterey Highway
Gilroy, CA 95020

Welcome to 7810 Monterey Street, a 4,000 SqFt office surrounded by the excellent shopping, dining, and entertainment options in Downtown Gilroy. There are currently five offices all of which are occupied. Three contiguous offices can be delivered vacant at close of escrow. This property is perfect for many types of office uses including medical, administrative, real estate brokerage. As a medical office, it is centrally located with St. Louise Regional Hospital only 2.3 miles away. Situated within the City of Gilroy’s Downtown Expansion District (DED) the lot has numerous permitted land uses including retail, residential housing, and office. Given the large lot with frontage and visibility on the main road in Downtown Gilroy there is the potential to redevelop the property and residential housing is an allowed use with a conditional use permit. Specific questions about zoning should be directed to the City of Gilroy’s Planning Department.

Exterior amenities include a high visibility sign and a large parking lot with approximately 25 parking spaces. 7810 Monterey Highway provides an owner/user with a turnkey and flexible office solution in a high visibility Downtown Gilroy location and the investor with a reliable cash flow stream and significant development potential.

Land use- Downtown Use Table: https://www.cityofgilroy.org/DocumentCenter/View/8675/Downtown-Use-Table-?bidId=

Downtown Expansion District Land Use: https://www.cityofgilroy.org/DocumentCenter/View/1276/Chapter-V-Districts-Land-Use-and-Development-Standards-PDF

City of Gilroy Zoning Map: https://www.cityofgilroy.org/DocumentCenter/View/5177/Zoning-Map?bidId=

City of Gilroy 2040 General Plan Land use Diagram https://www.cityofgilroy.org/DocumentCenter/View/11368/GIlroy-2040-Land-Use-Map?bidId=

City of Gilroy 2040 General Plan https://www.cityofgilroy.org/DocumentCenter/View/11309/Gilroy-2040-General-Plan-39-MB?bidId=

The City of Gilroy Planning Department can be reached at (408) 846-0440 or [email protected].
FOR
SALE

This Home's Features

  • List Price
    $1,195,000
  • MLS Number
    ML81940118
  • Square Feet
    4,000
  • Year Built
    1966
  • Lot Size
    15000

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Presented By

Ismael Benhamida

Wharton MBA, Senior Vice President Investments
DRE#: 01722847
Compass
361 Lytton Avenue, Suite 200
Palo Alto, CA 94301
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