$1,660,000
$3,000,000
44.7%For more information regarding the value of a property, please contact us for a free consultation.
16345 Church ST Morgan Hill, CA 95037
1,296 SqFt
Key Details
Sold Price $1,660,000
Property Type Commercial
Sub Type Commercial Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $1,280
MLS Listing ID ML81966404
Sold Date 11/29/24
Year Built 1955
Lot Size 0.330 Acres
Property Description
RARE OPPORTUNITY TO EARN INCOME WHILE -- at the same time -- TAKING ADVANTAGE OF CITY PLAN FOR FUTURE DEVELOPMENT. This is income producing real estate that may become RESIDENTIAL ATTACHED LOW DENSITY DEVELOPMENT. An operating Mini Storage Facility situated on two (2) parcels - combined 1.0375 Acres - including Single Family Residence (SFR) currently occupied by on-site manager - plus 175 enclosed individual Storage Units; plus approx. 12,000 sq ft vacant land situated to the rear of the SFR. Subject parcels have been identified by City of Morgan Hill "City Plan" for future usage as "RAL" Residential Attached Low-Density" for up to "16 units per acre" (per City of Morgan Hill)
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning CT
Interior
Heating Forced Air
Cooling Central AC, Central Forced Air - Gas
Exterior
Parking Features Covered Parking, Electric Gate, No Garage, Parking Area, Room for Oversized Vehicle, Uncovered Parking
Garage Spaces 1.0
Utilities Available Natural Gas, Public Utilities
Roof Type Composition
Present Use Mini Storage,Office,Residential,Single Family,Zone Change Possible
Building
Story 1
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Restrictions None
Tax ID 817-02-012
Security Features Security Alarm ,Security Fence
Special Listing Condition Not Applicable
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Bought with Robert Dudley • Matrix Real Estate Network