Roy Rigsby - Desert Lifestyle Properties Logo
$6,688,000
 $35,903 est/mo Sourced by Back At You

55 E 1st Street,Morgan Hill, CA 95037

Morgan Hill, CA 95037

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Description

Rare opportunity to acquire a downtown Morgan Hill commercial assemblage consisting of multiple contiguous parcels improved with residential homes and office suites. The portfolio generates strong in-place income and offers long-term redevelopment potential within the Downtown Specific Plan area. Located just steps from Monterey Road with convenient access to restaurants, retail, and Highway 101. Ideal for investors, developers, or 1031 exchange buyers seeking stable income with future upside in a prime downtown location. The offering includes 55 1st Street(ML82040862), 57 E 1st Street(ML82040868), 70 & 74 E Main Street, and 50 E Main Street(ML82040862). Marketing package is in the disclosure link.

Details

MLS #ML82040865
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1956
Days On Site216
Listing Provided ByColdwell Banker Realty | Jenny Huang

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,300
Car PortYes
Story(s)1
ZoningCC
Acreage0.15

Interior

CoolingCentral Air
HeatingForced Air
Heating Yes / NoYes
Cooling Yes / NoYes
Fireplace Yes / NoNo

Exterior

RoofShingle
FencingWood

Parking

Attached Garage Yes / NoNo
Parking FeaturesOff Site
Garage Yes / NoNo

Utilities

UtilitiesNatural Gas Available
SewerPublic Sewer

Area Information

StateCA
CountySanta Clara
CityMorgan Hill
Zip Code95037
Area699 Not Defined
Listing VS Median (in 95037)
Price:
$6,688,000
low | high
Med:
$1,350,385
100% of Average
sqft:
1,300
low | high
Med:
2,270
24.615384615385% of Average
$ / sqft:
$5,145
low | high
Med:
$603
100% of Average
On site:
216
low | high
Med:
56.5
100% of Average
Sourced by Back At You

Market Activity 95037

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Additional Information

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Learn More About This Property

Roy Rigsby

Roy Rigsby

Desert Lifestyle Properties

01399810 (760) 409-5117roy@desertrealestate4you.com
StateCA
CountySanta Clara
CityMorgan Hill
Zip Code95037
Area699 Not Defined
Listing VS Median (in 95037)
Price:
$6,688,000
low | high
Med:
$1,350,385
100% of Average
sqft:
1,300
low | high
Med:
2,270
24.615384615385% of Average
$ / sqft:
$5,145
low | high
Med:
$603
100% of Average
On site:
216
low | high
Med:
56.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $5.016M - $8.36M
sqft: 975 - 1,500
Nearby Listings Property ImageNearby Listings Details
70 E Main Avenue Property Photo 1
$6,688,000
70 E Main Avenue
Morgan Hill, CA 95037
Listing Updated: October 12, 2026 at 10:26:09 PM PDT