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16450 Monterey Rd
Morgan Hill, CA 95037

$2,595,000 USD

General Retail For Sale  •  5,993 SF

Property Details

  • Property Type General Retail
  • Total Building Size 6,683 SF
  • Lot Size 0.46 AC
  • Building Class B
  • Year Built 1979
  • Tenancy Multiple
  • Zoning CC, Morgan Hill
35 Transit Score
77 Walk Score

Highlights

Seller Financing – Available with ~35% down.
Tenant Mix – 100% occupied by four established tenants.
Lease Stability – Strong tenancy with one long-term tenant (23+ years), one mid-term tenant (4+ years), and two tenants who started in 2024.
Utilities – Separate gas/electric meters; two water meters (building and landscaping); salons reimburse portion of water usage.
Capital Improvements – New roof ~7 years ago; three of four units renovated; two new water backflows installed.
Zoning – CC (Community Commercial), allowing retail, service, office, and mixed-use commercial uses.

Public Transportation

Commuter RailDriveWalkDistance
3 min 18 min 0.9 mi
Morgan Hill (Caltrain - Caltrain (Caltrain)) 3 min 18 min 0.9 mi
Transit/SubwayDriveWalkDistance
Morgan Hill (Caltrain - Caltrain (Caltrain)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 35 min - 27.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Adam Dahdouh 408-345-5169 Yellowstone Investments
Adam Dahdouh 408-345-5169 Yellowstone Investments