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OFF-MARKET
Specialty properties

7648 Monterey Rd Gilroy, CA 95020

6,768 SF
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pound4Pound Sports Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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