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7511 Monterey St 3,260 SF Retail Building Gilroy, CA 95020 $1,688,000 ($517.79/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, turnkey, 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, turnkey, 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
3,260 SF
Building Class
C
Year Built
1990
Price
$1,688,000
Price Per SF
$517.79
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.50
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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Contact the Sale Advisor
7511 Monterey St