575 1st St

Investment Highlights

Rare Value Add High Traffic Location Large Lot

Executive Summary

Executive SummaryMAJOR PRICE REDUCTION! Offered price now reflects land value.Also listed for Lease at $5k per month gross As Is.Christian Renz and Renz & Renz Investment & Commercial are pleased to exclusively offer this asset for sale. The property features an abundance of parking, fenced yard, alley access and outstanding frontage and exposure to high trafficked 1st Street. Previously used for a variety of uses including an ice cream shop, convenience store, produce shop and many others. The property is ideal for many commercial uses.LocationExcellent location with large frontage on 1st street. Located across the street from Brownell Middle School between Carmel St and Hanna St. Gilroy, Ca (The Garlic Capital Of the World) is a thriving and growing community between Monterey, CA & San Jose, CA.

• Sale Type    Investment or Owner User
• Sale Condition    1031 Exchange
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Convenience Store General Retail Fast Food General Retail Storefront Retail/Office Restaurant
• Building Size    1,800
• Building Class    C
• Year Built    1963
• Price    998,000
• Price Per SF    554
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.10
• Land Acres    0.40 AC

• 24 Hour Access
• Courtyard
• Food Court
• Pylon Sign
• Security System
• Signage