5680 Monterey Rd, Gilroy, CA 95020

This exceptional 6,630 square foot commercial property, situated on a 10-acre lot at 5680 Monterey Road in Gilroy, CA, boasts an unparalleled location with 195 feet of frontage directly visible from US Highway 101. An estimated 75,000 vehicles pass this high-visibility site daily, presenting a remarkable opportunity for a variety of commercial ventures. The property currently includes two single-family homes and a mixed-use building. The mixed-use building comprises two 3-bedroom, 1-bathroom apartments on the upper level and a substantial ground floor space previously configured as a restaurant and bar, complete with a kitchen, stage, and two restrooms. Additional structures on the property include several garages and a large metal/wood barn. The property's zoning is currently designated as Mixed Use Commercial (CM) or M1, with the City of Gilroy's 2040 plan indicating a future designation as City Gateway District (GD). Prior rental income generated approximately $7,000 per month. The property's proximity to the proposed Sharks Ice and Sports park further enhances its investment potential. This unique offering presents a compelling opportunity for redevelopment or continued operation as a mixed-use property, capitalizing on its prime location and high traffic count.