7601 Monterey ST Gilroy, CA
$ 1,998,000
Property Attributes
  • MLS#ML81810649
  • TypeCom Land
  • CityGilroy
  • AreaMorgan Hill - Gilroy - San Martin
  • Zip95020
  • StyleCommercial
  • Price$ 1,998,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.54 Acres
Listing Provided Courtesy Of:
Kate Davey with Century 21 Real Estate Alliance.
Data Source:
MLSListings - 40 - CA
Property Description

7601 Monterey Street, Gilroy, offers a ton of potential opportunities-central downtown Gilroy at 4th Street & Monterey Road. "Mixed-Use" development site for retail & residential development. Premier corner in Gilroy Downtown Specific Plan. Shares intersection with new residential/mixed use projects. Only 1,000 feet from the future High Speed Light Rail Station. Seller believes property is located in "Opportunity Zone" - buyer to verify. An investor's dream location with the highly anticipated future bullet train & the recent Amazon Data Services acquisition of approximately 66 acres of farmland next to U.S. Highway 101 between Leavesly Road & Gilman Road. Proposed building to be 2-story. Office space (residential) upstairs at 5938 sq ft & retail downstairs at 5938 sq ft. Buyer to check with City of Gilroy for approval of any build outs.

Price History
9/14/2020 Listed $2,340,000
1/21/2021 15% - $1,998,000

General Features

City Limits (y/n) Yes
County Santa Clara
Development Status Improvements - None
Listing Agent State License 00614262
MLS Area Morgan Hill / Gilroy / San Martin
Present Use Commercial
Property SubType Other Commercial Land
Property Type Commercial Lots & Land
Special Listing Conditions Not Applicable
Status Active
Utilities Public Utilities
View Downtown
Water Water Available at Street
Zoning Text C2

Exterior Features

Fencing None
Horse Property No
Lot Acres 0.5400
Lot Description Grade - Level
Lot Size Area 23522.00
Lot Size Units Square Feet
Maximum Lot Size 23522.00
Parcel Access City Street
Sewer/Septic Sewer - Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Com Land Average in 95020

AVG $7.23M
AVG 97
AVG 55
Data Provided by Walkscore ® not using MLS data

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