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Listed by Compass
$ 1,499,000
Est. payment | /mo
1,342 SqFt
$ 1,499,000
Est. payment | /mo
1,342 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,342 sqft
Price per Sqft $1,116
MLS Listing ID ML82050541
HOA Y/N No
Year Built 1920
Lot Size 0.402 Acres
Property Sub-Type OTHER
Source Datashare MLSListings
Property Description
Exceptional mixed-use investment opportunity in the heart of Morgan Hill! Situated on a 17,523 SF lot, this unique property offers immediate income and future development potential. The property features an approximately 723 SF commercial building occupied by a popular Boba Tea business, along with a separate 1,342 SF residential home offering 2 BD/2 BA. The residence is currently tenant-occupied, providing an additional income stream for investors. Located minutes from vibrant Downtown Morgan Hill, the property enjoys excellent visibility and convenient access to restaurants, shopping, Caltrain, and major commuter routes. Mixed-Use Neighborhood zoning creates exciting redevelopment possibilities. Conceptual plans for a multi-story mixed-use project have already been prepared and reviewed by the City of Morgan Hill, offering buyers valuable groundwork to explore expanded residential and commercial uses. Whether you're seeking a cash-flowing investment, live/work opportunity, or strategic redevelopment site, 285 W. Main Ave presents a rare chance to capitalize on both current income and long-term upside.
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Fireplace No
Schools
School District Morgan Hill Unified, Morgan Hill Unified
"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"