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Rare DT Gilroy Restaurant Owner User Opp. 7300 Monterey St 1,295 SF 4-Star Retail Building Gilroy, CA 95020 $1,445,000 ($1,115.83/SF)



Executive Summary
* $25,000 Buyer’s Agent Commission Bonus payable upon the successful closing of an acceptable offer.
* Existing coffee shop tenant is open to restructuring its lease for an investor who would like the tenant to remain at the property.
* Landlord and tenant intend to begin the Conditional Use Permit (CUP) application process to expand the property’s permitted uses to potentially include a taproom and/or restaurant.
DOWNTOWN GILROY OWNER-USER OPPORTUNITY
• ±1,175 SF freestanding commercial restaurant/café building on a ±10,785 SF corner parcel.
• Rare opportunity to acquire a fully renovated Downtown Gilroy restaurant/retail property.
• Originally constructed in 1966 and extensively renovated in 2024.
• Excellent corner positioning with strong visibility and signage exposure along Monterey Rd.
• $25K Buyer Agent Bonus commission
• Existing Tenant/Owner is going to start the process for a CUP (Conditional Use Permit) to extend or add for taproom space and/or restaurant
TURNKEY OWNER-USER OPPORTUNITY
• Can be delivered vacant within 30 days following close of escrow, allowing for immediate owner-user occupancy.
• Existing improvements create a move-in ready opportunity for restaurant, café, coffee shop, bakery, or specialty food operators.
• Modern renovations provide attractive interior and exterior improvements rarely found in comparable Downtown Gilroy properties.
FLEXIBLE COMMERCIAL USE POTENTIAL
• Ideal for restaurant, café, coffee shop, bakery, retail showroom, office, and other commercial uses.
• Opportunity for a taproom/beer & wine sales, subject to conditional use permit (CUP) approval.
• Freestanding building configuration provides excellent identity and branding potential.
• Large parcel provides strong customer access, circulation, and flexibility for a variety of business operations.
• Buyer to verify zoning and permitted uses with the City of Gilroy.
STRONG DOWNTOWN LOCATION + ACCESS
• Located in the heart of Downtown Gilroy along one of the area’s primary commercial corridors.
• Surrounded by nearby retail, restaurants, residential neighborhoods, and downtown amenities.
• Strong visibility and exposure along heavily trafficked Monterey Rd corridor.
• Convenient access to Highway 101 and major South County commuter routes.
* Existing coffee shop tenant is open to restructuring its lease for an investor who would like the tenant to remain at the property.
* Landlord and tenant intend to begin the Conditional Use Permit (CUP) application process to expand the property’s permitted uses to potentially include a taproom and/or restaurant.
DOWNTOWN GILROY OWNER-USER OPPORTUNITY
• ±1,175 SF freestanding commercial restaurant/café building on a ±10,785 SF corner parcel.
• Rare opportunity to acquire a fully renovated Downtown Gilroy restaurant/retail property.
• Originally constructed in 1966 and extensively renovated in 2024.
• Excellent corner positioning with strong visibility and signage exposure along Monterey Rd.
• $25K Buyer Agent Bonus commission
• Existing Tenant/Owner is going to start the process for a CUP (Conditional Use Permit) to extend or add for taproom space and/or restaurant
TURNKEY OWNER-USER OPPORTUNITY
• Can be delivered vacant within 30 days following close of escrow, allowing for immediate owner-user occupancy.
• Existing improvements create a move-in ready opportunity for restaurant, café, coffee shop, bakery, or specialty food operators.
• Modern renovations provide attractive interior and exterior improvements rarely found in comparable Downtown Gilroy properties.
FLEXIBLE COMMERCIAL USE POTENTIAL
• Ideal for restaurant, café, coffee shop, bakery, retail showroom, office, and other commercial uses.
• Opportunity for a taproom/beer & wine sales, subject to conditional use permit (CUP) approval.
• Freestanding building configuration provides excellent identity and branding potential.
• Large parcel provides strong customer access, circulation, and flexibility for a variety of business operations.
• Buyer to verify zoning and permitted uses with the City of Gilroy.
STRONG DOWNTOWN LOCATION + ACCESS
• Located in the heart of Downtown Gilroy along one of the area’s primary commercial corridors.
• Surrounded by nearby retail, restaurants, residential neighborhoods, and downtown amenities.
• Strong visibility and exposure along heavily trafficked Monterey Rd corridor.
• Convenient access to Highway 101 and major South County commuter routes.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,295 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1966/2024
Price
$1,445,000
Price Per SF
$1,115.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
Downtown Gilroy - Downtown Specific Plan Area (Downtown Gilroy)
Frontage
53’ on Monterey St
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Waterfront
Somewhat walkable
30/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $257,609 | |
| Land Assessment | $440,483 | Total Assessment | $698,092 |
Property Taxes
Parcel Numbers
Land Assessment
$440,483
Improvements Assessment
$257,609
Total Assessment
$698,092
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