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7511 Monterey St 2,260 SF Retail Building Gilroy, CA 95020 $1,688,000 ($746.90/SF)
Investment Highlights
- Call Nick Arabian for more information
Executive Summary
Restaurant Space available for sale.
A unique opportunity: BUSINESS PLUS REAL ESTATE & A UNIT UPSTAIRS
Downtown Gilroy is a small, historic, walkable core centered around Monterey Street, stretching roughly from 5th Street to 8th Street. It has an old-town feel with brick storefronts, palm trees, and classic California architecture.
This recently build from scratch Restaurant/ Bar is tastefully designed for any concept, owner of the business is the Landlord and selling the business with the Real Estate, pride of ownership, all new equipment & facility, turn key, currently operating, name & concept included or you can convert.
New owner/operator can convert/purchase a type 47 license and have a full bar/restaurant
2500 sqft Plus 850 sqft the apartment upstairs
A unique opportunity: BUSINESS PLUS REAL ESTATE & A UNIT UPSTAIRS
Downtown Gilroy is a small, historic, walkable core centered around Monterey Street, stretching roughly from 5th Street to 8th Street. It has an old-town feel with brick storefronts, palm trees, and classic California architecture.
This recently build from scratch Restaurant/ Bar is tastefully designed for any concept, owner of the business is the Landlord and selling the business with the Real Estate, pride of ownership, all new equipment & facility, turn key, currently operating, name & concept included or you can convert.
New owner/operator can convert/purchase a type 47 license and have a full bar/restaurant
2500 sqft Plus 850 sqft the apartment upstairs
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,260 SF
Building Class
C
Year Built
1990
Price
$1,688,000
Price Per SF
$746.90
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.04
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
C2 - COMMERCIAL
Beautifully Build & designed Restaurant /Wine Bar W/ Real Estate Included
A unique opportunity: BUSINESS PLUS REAL ESTATE & A UNIT UPSTAIRS
Frontage
16’ on Monterey St
Amenities
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 799-06-054 | Improvements Assessment | $559,967 |
| Land Assessment | $113,781 | Total Assessment | $673,748 |
Property Taxes
Parcel Number
799-06-054
Land Assessment
$113,781
Improvements Assessment
$559,967
Total Assessment
$673,748
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7511 Monterey St
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