$6,295,000
Accepting Backup Offers

191 San Felipe Road

Hollister, CA 95023
2.40 acres | #ML81979750
Listing OfficeKW Coastal Estates
Browse 89 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Well maintained multi-tenant retail center located in a centrally located and busy area of Hollister. Diverse uses and tenants in the center including medical, retail, offices, and restaurants. Attractive small unit sizes which can accommodate many uses. One block from new housing developments. In-Place Rents are significantly below-market. Highly desirable small unit sizes at the property which can accommodate a wide variety of uses. Nice diversification of uses/tenants at the property (Medical, Restaurant, Office, Service, etc.) High-traffic retail center with limited nearby competition/supply. Shadow-anchored by McDonalds and adjacent to US Post Office. Across the street from DMV and Taco Bell with Starbucks nearby. Close to Downtown Hollister, etc. Well-maintained retail center with no deferred maintenance (Roof replaced recently). Easy driving distance to the Bay Area and Monterey. All leases are NNN with annual rent increases. Within 2 miles of new regional Amazon distribution hub. Professionally managed property. Easy access to State Route 25 and State Route 156. North Gateway zoning district. New Residential Communities located in North Hollister: -The Lanes -The Knolls - Sold Out -The Meadow -Maple Park - Sold Out

  • Property Details
      • Date ClosedJanuary 02, 2025
      • Property SubtypeCommercialSale
      • CountySan Benito
      • Original List Price$6,295,000
      • MLS #ML81979750
      • MLS #ML81979750
      • Property TypePurchase
      • Taxes Annual$63,550
      • Cost6295000
      • Year Built1985
      • Acres2.4
      • Stories1

Location

SparrowLily Realty, Inc.Real Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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