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Two-Story Retail Building with Custom Buildout
For Lease
$5,100/Mo

383 1st Street, Gilroy, CA 95020

Corner retail building with second-floor space and two restrooms, ready for full customization after being taken to the studs.

Space SizeContact for details
Property Size6,036 SF
Lot Size0.34 Acres
Days on Market96

Property Features for 383 1st Street

General Information

Standard status Active
Size 6,036 SF
Total Parking Spaces 21
Lot size 0.34 Acres
Property subtype Comm Ind For Lease

Additional Details

Highway Access Yes

Building Details

Building Size 6,036 SF
Year Built 1935
Stories 2
Listing Agency: Omarshall, Inc
Listed By: Ricardo Archila
Source: Vanguardproperties
Added: May 27 Changed: Aug 27 Last Checked: Aug 29 at 4:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Omarshall, Inc

Investment Insights

Based on property information with market context.

This two-story retail building offers a true blank-canvas condition, currently taken down to the studs for a full custom buildout. The property retains a former restaurant infrastructure that may be reconfigured, and includes two restrooms, with one on each level. The second-floor layout is suitable for office or creative use, depending on tenant requirements and design.

Located at the corner of 1st St and Hanna St just steps from the downtown core, the building benefits from strong street exposure in an established commercial district. Walk Score is reported at 88/100, with Bike Score of 82, supporting frequent pedestrian activity. The property also includes approximately 21+/- parking spaces and presents signage potential given its street visibility. It is zoned for commercial use, and the larger site includes approximately a 15,000 sq ft lot (tenant to verify).

With flexible leasing potential and a layout that can support retail with an office or creative component, this property is positioned for tenants who want to design and construct a space to their specifications. The existing infrastructure and two-story configuration can help streamline planning for users seeking ground-level customer-facing space paired with a functional second level.

Key Highlights

  • Two‑story corner retail building at 1st St and Hanna St in Gilroy, built in 1935
  • Taken down to the studs and ready for full custom buildout with former restaurant infrastructure for reconfiguration
  • Zoned for commercial use with flexible leasing potential

Property Analytics

Current Use

Gilroy Publishing House Los Juniors Mariscos Restaurant Z And Z Solutions Business To Business Service

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,772
Businesses Nearby
Balanced
Demand for This Use

Demographics for 95020, CA

68,090
Population
20,679
Households
3.3
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
151.8 sq mi
ZIP Area
449
Density / Sq Mi
$134,242
Median Household Income
$50,421
Median Earnings
$2,256
Median Rent
$1,005,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Corner retail building with second-floor space and two restrooms, ready for full customization after being taken to the studs.
Where is this storefront property located?
The property is located at 383 1st Street Gilroy, CA.
What is the lease rate?
The lease rate is $5,100/Mo.
What are key features of this property?
This property features: Two‑story corner retail building at 1st St and Hanna St in Gilroy, built in 1935; Taken down to the studs and ready for full custom buildout with former restaurant infrastructure for reconfiguration; Zoned for commercial use with flexible leasing potential
More about this property
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