Morgan Hill, CA 95037,16345 Church Street
$1,660,000
Est. payment /mo
$3,000,000
44.7%
Est.Price: ?

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1,296 SqFt
SOLD DATE : 11/29/2024

Key Details

Sold Price $1,660,000

Property Type Commercial

Sub Type Comm Ind For Sale

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

HOA Y/N No

Year Built 1955

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type Comm Ind For Sale

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

Zoning CT

Interior

Heating Forced Air

Fireplace No

Building

New Construction No

Others

Tax ID 81702012

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Bridge MLS
Listed by Robert Dudley • Matrix Real Estate Network

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Parisa Samimi

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Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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