For Sale
$1,600,000

17760 Monterey HwyMorgan Hill, CA 95037

6,765 SF Multi-Tenant Office for Sale

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multi-tenant office building, located at 17760 Monterey Highway in Morgan Hill, California, presents a compelling investment opportunity. The property boasts 6,765 square feet of well-maintained office space, ideally suited for a variety of businesses. Constructed in 1979, the building comprises 15 individual office suites, most of which are currently leased on a month-to-month basis, offering immediate cash flow and potential for future rent increases. The property is zoned MU-F (Mixed Use - Flex), providing flexibility for diverse uses. This zoning allows for a range of possibilities, enhancing the property's long-term value and appeal to a broad spectrum of potential tenants. The asking price is $1,600,000. A sister building, located at 17770 Monterey Highway, is also available for purchase, presenting a unique opportunity for portfolio expansion. Situated in Santa Clara County, California, with a zip code of 95037, this property benefits from a strategic location within Morgan Hill. The building's layout and existing tenant base provide a solid foundation for continued success and growth. This is an excellent opportunity to acquire a well-positioned, income-generating asset in a thriving California market.

Highlights

  • 6,765 SF multi-tenant office building.
  • Built in 1979.
  • Features 15 office suites.
  • Primarily leased, mostly month-to-month tenancies.
  • Mixed-use (MU-F) zoning.
  • Adjacent sister building at 17770 Monterey Road also available for sale.

Property Details for 17760 Monterey Hwy

Property type
Office properties
Square Feet
6,765 SF
Year Built
1979

Location Insight

City
Morgan Hill
County
Santa Clara
State
California
Latitude
37.1334183
Longitude
-121.6566062
17760 Monterey Hwy, Morgan Hill, California

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17760 Monterey Hwy
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