206 5Th StHollister, CA 95023

Property Details for 206 5Th St

Year built

1910

Construction

WOOD

Lot size

0.07 AC

Property type

Retail properties

Property subtype

Retail space

APN

054-120-029-000

APU

54120029000

Description

This exceptional mixed-use property, situated at 206 & 208 Fifth Street in the heart of downtown Hollister, California, presents a compelling investment opportunity. Spanning 0.07 acres, this lot offers significant potential for a variety of commercial ventures. Its central downtown location ensures high visibility and accessibility, making it ideal for businesses seeking a strong presence in a thriving community. The property's current listing price reflects a recent substantial price reduction of $50,000, representing a significant value proposition for discerning investors. The legal description confirms the inclusion of both 206 and 208 Fifth Street, potentially allowing for expansion or development options. This prime location offers easy access to local amenities, transportation routes, and a robust customer base. The flexible zoning allows for a range of commercial uses, making it an attractive prospect for entrepreneurs and developers alike. Don't miss this chance to acquire a strategically located mixed-use property in a rapidly growing area. Act quickly to secure this exceptional investment opportunity in the vibrant downtown Hollister market. The property is priced at $200,000, reflecting the recent price reduction. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,384,446

  6.5%

  $1,277,950

  7%

  $1,186,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,210,473

  Geo Method

  $2,210,473

• Alternative Use

  Use

  Valuation

  Residential

  $1,077,998

  Hospitality

  $987,441

  Educational

  $821,539

  Medical

  $849,793

  Retail

  $1,277,950

Location Insight

City

Hollister

County

San Benito

State

California

Latitude

36.8517

Longitude

-121.401

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].