Current Use by Public Records
- Office Spaces
Property Details for 17760 Monterey Hwy
- Year built
- 1979
- Property type
- Office Spaces
Description
This exceptional multi-tenant office building, located at 17760 Monterey Highway in Morgan Hill, California, presents a compelling investment opportunity. The property boasts 6,765 square feet of well-maintained office space, ideally suited for a variety of businesses. Constructed in 1979, the building comprises 15 individual office suites, most of which are currently leased on a month-to-month basis, offering immediate cash flow and potential for future rent increases. The property is zoned MU-F (Mixed Use - Flex), providing flexibility for diverse uses. This zoning allows for a range of possibilities, enhancing the property's long-term value and appeal to a broad spectrum of potential tenants. The asking price is $1,600,000. A sister building, located at 17770 Monterey Highway, is also available for purchase, presenting a unique opportunity for portfolio expansion. Situated in Santa Clara County, California, with a zip code of 95037, this property benefits from a strategic location within Morgan Hill. The building's layout and existing tenant base provide a solid foundation for continued success and growth. This is an excellent opportunity to acquire a well-positioned, income-generating asset in a thriving California market.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morgan Hill
- County
- Santa Clara
- State
- California
- Longitude
- -121.657
- Latitude
- 37.1334
