910 Monterey Street Hollister, CA 95023

Building Details

Year Built

1915

Listing office DRE #01063472 m***@aol.com Show Phone

Listing date Sep 11, 2023

Source Xome

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Investment Insights

Based on property information with market context.

This historic 19,850 sq ft building is located in the heart of Hollister and is recognized for its architectural significance. The building features 25 rooms/suites, each equipped with a full bathroom and half bathroom. Situated in Hollister's bustling downtown area, this property is zoned for commercial/home office and mixed-use purposes, currently serving as a thriving business plaza housing multiple offices. This sale comprises three parcels, offering a total lot size of approximately 35,000 sq ft (0.80 acres). The City Planning department is supportive of a denser development plan, making it feasible to convert the property into residential condos or senior living facilities. The proposed community could accommodate up to 20 condos, complemented by an efficiently designed parking lot. A detailed concept plan has been meticulously crafted, submitted, and thoroughly discussed with the City authorities. Additionally, there's potential to renovate the main building into affordable apartments. Moreover, the seller is open to flexible financing options, including carrying a loan, and is also amenable to optional joint development ventures.

Key Highlights

• Prime downtown Hollister location with commercial/home office and mixed‑use zoning.
• Significant redevelopment potential: City supportive of denser development, including residential condos or senior living facilities (up to 20 condos).
• Large building (19,850 sq ft) with 25 rooms/suites, each with a full and half bathroom.

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FAQs

What type of property is this?

Mixed-use property - Historic 19,850 SF building in downtown Hollister with redevelopment potential.

Where is this mixed-use property located?

The property is located at 910 Monterey Street Hollister, CA.

What is the asking price?

The asking price for this property is $2,288,000.

What are key features of this property?

This property features: Prime downtown Hollister location with commercial/home office and mixed‑use zoning.; Significant redevelopment potential: City supportive of denser development, including residential condos or senior living facilities (up to 20 condos).; Large building (19,850 sq ft) with 25 rooms/suites, each with a full and half bathroom.