Property summary
This exceptional commercial building, located at 201 5th Street in the heart of historic downtown Hollister, California, presents a unique investment opportunity. The 3,900 square foot building sits on a 0.08-acre lot and is currently priced at $900,000, reflecting a recent $100,000 price reduction. The property's prime location on a street lined with historic buildings offers significant visibility and accessibility. The existing structure offers immediate income potential, although the current rental income does not reflect the substantial upside potential. A key feature is the approved second-story development plan. City and fire department inspections have confirmed the feasibility of converting the second floor into residential units, with the potential for up to six studio apartments or four one-bedroom apartments. This presents a significant opportunity to increase rental income and enhance the overall return on investment. The sale includes the building and the land only
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Hollister market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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