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910 Monterey Street

Hollister, CA 95023
  • $2,288,000
  • STATUS: Active
  • ON SITE: 350 Days
  • ID#: 41043114
UPDATED: 113 min ago
$2,288,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Listing Agent(s): Mario Mapoy of Bay Home Investments&Loans (925-931-0298)


Description

This historic building, located in the heart of Hollister, is widely recognized for its architectural significance. Spanning an impressive 19,850 sq ft, the building boasts 25 rooms/suites, each equipped with a full bathroom and half bathroom. Situated in Hollister's bustling downtown area, this property is zoned for commercial/home office and mixed-use purposes, currently serving as a thriving business plaza housing multiple offices. This sale comprises three parcels, offering a total lot size of approximately 35,000 sq ft (0.80 acres). The City Planning department is supportive of a denser development plan, making it feasible to convert the property into residential condos or senior living facilities. The proposed community could accommodate up to 20 condos, complemented by an efficiently designed parking lot. A detailed concept plan has been meticulously crafted, submitted, and thoroughly discussed with the City authorities. Additionally, there's potential to renovate the main building into affordable apartments. Moreover, the seller is open to flexible financing options, including carrying a loan, and is also amenable to optional joint development ventures.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-12T00:30:50.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/144801981
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910 Monterey Street Hollister, CA 95023

  • Price: $2,288,000
  • Status: Active
  • On Site: 350 Days
  • Updated: 113 min ago
  • ID#: 41043114
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1915
Built
County:
San Benito
Property Description
This historic building, located in the heart of Hollister, is widely recognized for its architectural significance. Spanning an impressive 19,850 sq ft, the building boasts 25 rooms/suites, each equipped with a full bathroom and half bathroom. Situated in Hollister's bustling downtown area, this property is zoned for commercial/home office and mixed-use purposes, currently serving as a thriving business plaza housing multiple offices. This sale comprises three parcels, offering a total lot size of approximately 35,000 sq ft (0.80 acres). The City Planning department is supportive of a denser development plan, making it feasible to convert the property into residential condos or senior living facilities. The proposed community could accommodate up to 20 condos, complemented by an efficiently designed parking lot. A detailed concept plan has been meticulously crafted, submitted, and thoroughly discussed with the City authorities. Additionally, there's potential to renovate the main building into affordable apartments. Moreover, the seller is open to flexible financing options, including carrying a loan, and is also amenable to optional joint development ventures.
Exterior Features

Construction Materials BrickBlockStucco Parking Total 20 Roof Tile

Interior Features

Cooling See Remarks Cooling YN Yes Heating Natural Gas Heating YN Yes

Property Features

Association Fee 0 Cap Rate 3.5 Listing Service Full Service Net Operating Income 0 Operating Expense 0 Tax Annual Amount 20000 Utilities Natural Gas AvailableWater Available Zoning Home



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-12T00:30:50.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Mario Mapoy of Bay Home Investments&Loans (925-931-0298)