7601 Monterey ST, Gilroy, CA 95020

$1,200,000
Sold Price
$1,200,000
List Price
$1,488,000

Property Description

7601 Monterey Street, Gilroy, offers a ton of potential opportunities-central downtown Gilroy at 4th Street & Monterey Road. "Mixed-Use" development site for retail & residential development. Premier corner in Gilroy Downtown Specific Plan. Shares intersection with new residential/mixed use projects. Only 1,000 feet from the future High Speed Light Rail Station. Seller believes property is located in "Opportunity Zone" - buyer to verify. An investor's dream location with the highly anticipated future bullet train & the recent Amazon Data Services acquisition of approximately 66 acres of farmland next to U.S. Highway 101 between Leavesly Road & Gilman Road. Proposed building to be 2-story. Office space (residential) upstairs at 5938 sq ft & retail downstairs at 5938 sq ft. Buyer to check with City of Gilroy for approval of any build outs.

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Courtesy of Century 21 Real Estate Alliance, Kate Davey. Selling Office: RENZ.

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