16795 Monterey Road, Morgan Hill, CA 95037 - Berkshire Hathaway HomeServices California Properties
16795 Monterey Road Morgan Hill, CA 95037
$2,650,000 0 beds, 0 baths
0 sqft

Agent Remarks

Offering Memorandum available upon request. Yellowstone Investments is pleased to exclusively present for sale this exceptional ±6,450-square-foot mixed-use commercial property located at 16795 Monterey Rd, Morgan Hill, CA. Situated on a ±25,758-square-foot lot and built in 1990, this asset offers a prime investment opportunity in the heart of one of South Bay's most dynamic submarkets. The property is currently 100% occupied by three established tenants. Each unit includes its own private bathroom for tenant convenience. All leases include 3% annual rent increases, providing built-in revenue growth. Additionally, Crystal Nails Boutique and September Day Spa hold options to extend, supporting long-term tenancy stability. The property features a mix of NNN and gross leases, presenting an immediate value-add opportunity for a new owner to convert all leases to NNN, significantly reducing owner-paid expenses. The property is serviced by two separate water meters, one for interior use and one for landscaping, thus supporting efficient expense allocation. The building has undergone over $450,000 in recent capital improvements, and each tenant has also invested significantly in their respective spaces, demonstrating long-term commitment and pride of operation.

Listing Details

Property type: (Commercial)
Status: Active
MLS# ML82008263
List price is $2,650,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1990
0.60 acres
Lot size: 0.6000
County: Santa Clara
Zoning: CG

Last Updated: 5/24/2025

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Lat/Long: 37.122087, -121.648662.
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Listing Agent: Adam Dahdouh
Co Listing Agent: Alexis Zamora-bautista
Lic#: 01234982
Office Name: Mission Viejo

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