Property profile

7648 Monterey Rd Gilroy, CA 95020

OFF-MARKET
Specialty properties
6,768 SF
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Property summary

AI-generated overview

This exceptional 6,768 square foot mixed-use storefront, located at 7648 Monterey Rd in Gilroy, CA 95020, presents a unique investment opportunity. Currently configured as a fitness and boxing gym, the property boasts updated showroom flooring, restrooms, and dressing rooms, along with a convenient upstairs manager's lounge. The building features poured-in-place concrete walls and a wood-framed metal roof, offering durability and longevity. The 7,250 square foot lot provides ample space, and includes 6 parking spaces per unit. With a 15+ foot ceiling height, the space is versatile and adaptable to a variety of commercial and retail uses. The C2 zoning allows for diverse possibilities, including potential new development. Situated in the heart of downtown Gilroy, this property benefits from its proximity to local amenities and restaurants, making it an ideal location for an established business or a new venture. The asking price is $999,000, with a price per square foot of $147.61. The property includes one building, one unit, and is situated on a single story. The APN is 841-04-012. Existing gym equipment and business operations are available for purchase with the real estate. Don't miss this chance to own a thriving commercial property in a rapidly growing area.

Property profile

Verified
Property type Specialty properties
Total area 6,768 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

7648 Monterey Rd Gilroy, CA 95020
Gilroy metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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