For Sale
$900,000

201 5Th St Hollister, CA 95023

Downtown Hollister, High Potential

Overview

Added:
Feb 3
Days on market:
84
This exceptional commercial building, located at 201 5th Street in the heart of historic downtown Hollister, California, presents a unique investment opportunity. The 3,900 square foot building sits on a 0.08-acre lot and is currently priced at $900,000, reflecting a recent $100,000 price reduction. The property's prime location on a street lined with historic buildings offers significant visibility and accessibility. The existing structure offers immediate income potential, although the current rental income does not reflect the substantial upside potential. A key feature is the approved second-story development plan. City and fire department inspections have confirmed the feasibility of converting the second floor into residential units, with the potential for up to six studio apartments or four one-bedroom apartments. This presents a significant opportunity to increase rental income and enhance the overall return on investment. The sale includes the building and the land only

Property Details for 201 5Th St

Property type
Commercial real estate
Square Feet
3,900 SF
Year Built
1930
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Hollister
County
San Benito
State
California
Latitude
36.85123
Longitude
-121.4012

FAQs

What type of property is this?
Commercial real estate - Downtown Hollister, High Potential
Where is the commercial real estate located?
The property is located at 201 5Th St Hollister, CA.
What is the asking price?
The asking price for this property is $900,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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201 5Th St
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