Property profile

206 5Th St Hollister, CA 95023

FOR SALE
Retail space
Property ID
US09-3620499
0.07 ac lot Built 1910
Trust Owned 21-yr Hold Absentee Owner Free & Clear
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206 5Th St, Hollister, CA 95023 For Sale
$180,000
206 5Th St, Hollister, CA 95023
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 206 & 208 Fifth Street in the heart of downtown Hollister, California, presents a compelling investment opportunity. Spanning 0.07 acres, this lot offers significant potential for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility, making it ideal for businesses seeking a strong presence in a thriving community. The property's current listing price reflects a recent substantial price reduction of $50,000, representing a significant value proposition for discerning investors. The legal description confirms the inclusion of both 206 and 208 Fifth Street, potentially allowing for expansion or development options. This prime location offers easy access to local amenities, transportation routes, and a robust customer base. The flexible zoning allows for a range of commercial uses, making it an attractive prospect for entrepreneurs and developers alike. Don't miss this chance to acquire a strategically located mixed-use property in a rapidly growing area. Act quickly to secure this exceptional investment opportunity in the vibrant downtown Hollister market. The property is priced at $200,000, reflecting the recent price reduction. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction WOOD
Lot 0.07 ac (3,145 SF)
APN 054-120-029-000
UPID US09-3620499

Cap rate & NOI

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

Location

206 5Th St Hollister, CA 95023
Hollister metro Census 400 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2005
5 recorded transactions
2005
$437,500
2004
Price N/A
2002
Price N/A
2002
$665,000
1994
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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