$6,688,000
1,300
SQ FT
$5,145
SQ/FT
55 East 1st Street
@ Monterey Rd - 1 - Morgan Hill / Gilroy / San Martin, Morgan Hill
- 4 Bed
- 2 Bath
- 2 Park
- 1,300 sqft
- MORGAN HILL
-
Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.
- Days on Market
- 4 days
- Current Status
- Active
- Original Price
- $6,688,000
- List Price
- $6,688,000
- On Market Date
- Mar 30, 2026
- Property Type
- Single Family Home
- Area
- 1 - Morgan Hill / Gilroy / San Martin
- Zip Code
- 95037
- MLS ID
- ML82040865
- APN
- 726-14-046
- Year Built
- 1956
- Stories in Building
- 1
- Possession
- Unavailable
- Data Source
- MLSL
- Origin MLS System
- MLSListings, Inc.
Lewis H. Britton Middle School
Public 6-8 Combined Elementary And Secondary
Students: 773 Distance: 0.3mi
Shadow Mountain Baptist School
Private PK-12 Combined Elementary And Secondary, Religious, Nonprofit
Students: 106 Distance: 0.3mi
P. A. Walsh Elementary School
Public K-5 Elementary, Coed
Students: 417 Distance: 0.5mi
Community Adult
Public n/a Adult Education
Students: NA Distance: 0.5mi
Crossroads Christian School
Private K-8 Elementary, Religious, Coed
Students: NA Distance: 0.5mi
St. Catherine Elementary School
Private K-8 Elementary, Religious, Coed
Students: 315 Distance: 0.5mi
- Bed
- 4
- Bath
- 2
- Parking
- 2
- Off-Site Parking, On Street
- SQ FT
- 1,300
- SQ FT Source
- Unavailable
- Lot SQ FT
- 6,400.0
- Lot Acres
- 0.146924 Acres
- Cooling
- Central AC
- Dining Room
- Eat in Kitchen
- Disclosures
- Natural Hazard Disclosure
- Family Room
- Kitchen / Family Room Combo
- Flooring
- Hardwood, Tile
- Foundation
- Crawl Space
- Heating
- Forced Air
- Fee
- Unavailable
MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.