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.
| MLS # | ML82050541 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1920 |
| Days On Site | 69 |
| Listing Provided By | Compass | David Zaria |
| SQ Feet | 1,342 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | CC |
| Acreage | 0.40 |
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Cooktop |
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
| Parking Features | Covered |
|---|---|
| Garage Yes / No | No |
| Utilities | Natural Gas Available |
|---|
| Property | 15960 |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | Morgan Hill |
| Zip Code | 95037 |
| Area | 699 Not Defined |
| Listing VS Median (in 95037) | |
Price: $1,499,000 low | high Med: $1,381,900 sqft: 1,342 low | high Med: 2,263 $ / sqft: $1,117 low | high Med: $612 On site: 69 low | high Med: 8 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | Morgan Hill |
| Zip Code | 95037 |
| Area | 699 Not Defined |
| Listing VS Median (in 95037) | |
Price: $1,499,000 low | high Med: $1,381,900 sqft: 1,342 low | high Med: 2,263 $ / sqft: $1,117 low | high Med: $612 On site: 69 low | high Med: 8 | |