7483 Monterey Street, Gilroy, CA 95020
For sale commercial retail unit with about 2,000 SF in Downtown Gilroy among breweries, restaurants, and retail shops.
- Added:
- Nov 12, 2025
- Days on Market:
- 226
- Last Refresh:
- Jun 25 at 8:07 pm
Property Features for 7483 Monterey Street
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1940
Listing office Keller Williams Property Team (408) 710-1205
Listing date Nov 12, 2025
Source Exitrealty
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 Keller Williams Property Team
HighLights
- Commercial retail unit for sale in Downtown Gilroy
- About 2,000 SF retail unit
- Year built: 1940
- Located among breweries, restaurants, and retail shops in Downtown Gilroy
Overview
Located at 7483 Monterey Street in Downtown Historical Gilroy, the property sits in a surrounding mix that includes breweries, restaurants, and retail shops. The setting supports a retail tenant mix that draws day-to-day activity from the downtown commercial core.
With its retail zoning fit and compact footprint, the space can work well for a range of small-format retail uses where visibility and an easy downtown address matter. Prospective buyers and tenants should review the layout and intended operating requirements with the listing broker, then schedule an appointment to see the property in person.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.9k | $40.44 |
| − Vacancy | −$3.7k | −$1.85 |
| EGI | $77.2k | $38.59 |
| − OpEx | −$23.2k | −$11.58 |
| NOI | $54.0k | $27.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gilroy
- County
- Santa Clara
- State
- California
- Longitude
- -121.570136
- Latitude
- 37.009128
