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E 3rd St E 3rd St 1,400 SF 71% Leased Retail Building Morgan Hill, CA 95037 $2,200,000 ($1,571.43/SF)
EXECUTIVE SUMMARY
Confidential Opportunity in Downtown Morgan Hill
A rare chance to purchase commercial real estate on one of the busiest streets located in downtown. The sale of the building will include, one successful business and the other is a blank canvas. The other includes approved plans for a potential food-and-beverage business that can have a type 41 license, and with the opportunity to expand on the street and create a 400sqft 40x10 parklet, in the heart of rapidly developing Downtown Morgan Hill. Together, the spaces offer approximately 1,400 sq. ft. of versatile layout options and can be operated as separate concepts or as one combined footprint. The existing business, currently operating with an established customer base, strong reviews, recognized branding, and proven marketing channels. Both spaces are flexible canvases suitable for any desired business or concept, offering full adaptability for operators looking to bring their vision to life.
This turnkey setup offers built-in clientele, consistent foot traffic, and strong long-term potential as Morgan Hill continues to grow rapidly in both commercial and residential sectors.
For more information, please contact:
Compass
David Zaria
BROKER ASSOCIATE
DRE#01916037
408-767-8130
david.zaria@compass.com
dzgcommercial.com
All inquiries remain strictly confidential.
A rare chance to purchase commercial real estate on one of the busiest streets located in downtown. The sale of the building will include, one successful business and the other is a blank canvas. The other includes approved plans for a potential food-and-beverage business that can have a type 41 license, and with the opportunity to expand on the street and create a 400sqft 40x10 parklet, in the heart of rapidly developing Downtown Morgan Hill. Together, the spaces offer approximately 1,400 sq. ft. of versatile layout options and can be operated as separate concepts or as one combined footprint. The existing business, currently operating with an established customer base, strong reviews, recognized branding, and proven marketing channels. Both spaces are flexible canvases suitable for any desired business or concept, offering full adaptability for operators looking to bring their vision to life.
This turnkey setup offers built-in clientele, consistent foot traffic, and strong long-term potential as Morgan Hill continues to grow rapidly in both commercial and residential sectors.
For more information, please contact:
Compass
David Zaria
BROKER ASSOCIATE
DRE#01916037
408-767-8130
david.zaria@compass.com
dzgcommercial.com
All inquiries remain strictly confidential.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,400 SF
Year Built
2019
Price
$2,200,000
Price Per SF
$1,571.43
Percent Leased
71%
Building Height
1 Story
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (83)
NEARBY MAJOR RETAILERS
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E 3rd St E 3rd St
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