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    7648 Monterey St Gilroy, CA 95020

    Under Contract
    For Sale
    $999,000

    Commercial Property - GILROY, CA

    Property size:
    7,008 SF
    Lot size:
    0.17 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 7648 Monterey St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    C2
    Rooms
    Office
    Parking
    1
    Parking features
    On Street
    Interior features
    Other, None
    Size
    7,008 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Other (Heating), Wall Furnace
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1920
    Roof type
    Metal, Other
    Architectural style
    Other

    EXIT Realty Consultants (408) 778-9990 [email protected]

    Listing agent Margaret Vierra (408) 778-9990 License #01183425

    Listing date Sep 19, 2025

    MLS# ML81962062 Listing URL

    Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Gilroy Commercial Building For Sale

    Located in downtown Gilroy, the property at 7648 Monterey St is a free-standing building currently operating as a fitness and boxing training gym. The property offers potential for various commercial and retail uses, as well as the possibility for new development. The building features poured-in-place concrete walls and a wood-framed roof structure with a metal roof. The interior includes an updated showroom and flooring, along with modernized restrooms and dressing rooms. Situated in a prime location with high foot traffic and proximity to various amenities and public parking, the 7,008 square foot property sits on a 0.1664-acre lot. The gym business and equipment are also available for purchase. The property is zoned C2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    FACT Fitness LLC, Soccer Fit Gym, Pelvic Prime Plus, COVALE Run Club, LOVEHER GYM

    Location Insight

    • Map
    • Local Demand
    City
    Gilroy
    County
    Santa Clara
    State
    California
    Longitude
    -121.570323
    Latitude
    37.011471

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    FAQs

    What type of property is this?
    Fitness center & gym - Versatile commercial property in downtown Gilroy, suitable for retail.
    Where is this fitness center & gym located?
    The property is located at 7648 Monterey St Gilroy, CA.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Prime downtown Gilroy location with high foot traffic and proximity to amenities.; - Versatile property suitable for various commercial, retail, or redevelopment uses.; - Updated showroom, flooring, restrooms, and dressing rooms.
    (408) 778-9990
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    Gilroy, CA 95020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7648 Monterey St Gilroy, CA 95020
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