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    7660 Monterey St Gilroy, CA 95020

    For Sale
    $1,799,900

    Commercial retail building in Gilroy's Downtown Historic District.

    Lot size:
    0.12 Acres

    Property Features for 7660 Monterey St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    2007

    Source: American West Properties Agent Rick Chehab Chehab

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gilroy Retail Building in DHD

    This commercial retail building is located in Gilroy's Downtown Historic District. Constructed in 2011, it is one of the newer buildings in the area. The building has high visibility with signage opportunities on all four sides. The building's area is approximately 3,534 square feet, situated on a lot of approximately 5,227 square feet. It features high ceilings and two ADA-compliant restrooms. There are five private parking spaces available. The property is zoned for commercial retail use, and mixed-use is permitted. All current tenants are on month-to-month leases. The seller is open to offering buyer concessions with an approved offer. The building is priced below replacement cost.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    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

    Azucena Blooms, Gilroy Flower Shop, Fridayflowers.com, Friday Flowers Gilroy, Floreria 12 De Abril

    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?
    Storefront property - Commercial retail building in Gilroy's Downtown Historic District.
    Where is this storefront property located?
    The property is located at 7660 Monterey St Gilroy, CA.
    What is the asking price?
    The asking price for this property is $1,799,900.
    What are key features of this property?
    This property features: - Priced Below Replacement Cost; - Located in Gilroy Downtown Historic District (DHD); - High Identity Building with Signage Visibility from all Four Sides
    (408) 800-7028
    Request Owner's contact information
    7660 Monterey St Gilroy, CA 95020
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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
    7660 Monterey St Gilroy, CA 95020
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