Technical
Financial
Distress signals
Property profile

500 San Benito St Hollister, CA 95023

OFF-MARKET
Turn key restaurants
Property ID
US09-2176888
0.1 ac lot
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

500 San Benito Street in Downtown Hollister is a historic mixed-use building constructed in the late 1920s and identified as a contributing structure within the Downtown Hollister Historic District. The reinforced-concrete building totals approximately 17,569 square feet and is configured with restaurant/commercial space on the ground floor and residential units on the upper levels. The commercial area was historically leased and is configured for ongoing mixed-use operation, while the residential portion is undergoing build-out to provide 12 apartments: six one-bedroom units and six two-bedroom units. Heating and cooling for individual units is provided through ductless mini-split HVAC systems. The building has received interior and exterior updates to the shell and structural components, and it includes a refinished low-slope commercial membrane roof among recent capital improvements. The property is located near City Hall and within walking proximity of retail, dining, and civic amenities in the downtown area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.1 ac (4,368 SF)
APN 054-080-009-000
UPID US09-2176888

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
  • Restaurant

Location

500 San Benito St Hollister, CA 95023-4171
Hollister metro Census 400 SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.09M

Owner & transaction history

since 2020
Last sale
$1.1M
7 recorded transactions
2024
Price N/A
2020
$1.1M
2020
Price N/A
2018
Price N/A
2016
Price N/A
2016
Price N/A
2016
$650,000

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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