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97 E 3rd St 1,389 SF 100% Leased Retail Building Morgan Hill, CA 95037 $2,505,233 CAD ($1,803.62 CAD/SF)
Investment Highlights
- Heavy Foot Traffic
- Multiple Business Opportunities
- Centrally Located Downtown
Executive Summary
Investment Opportunity | Prime Downtown Location – 95–97 E 3rd St
Positioned in a highly desirable downtown corridor, 95–97 E 3rd Street presents a rare opportunity to acquire a versatile commercial asset with multiple pathways for ownership and growth. Surrounded by strong foot traffic, established businesses, and continued area development, this property is ideal for investors, owner-users, or operators seeking a strategic location with built-in momentum.
The offering includes a well-maintained commercial space with an existing operating business in place, providing immediate income potential and operational continuity. The layout, visibility, and location support a variety of concepts—from retail and dining to boutique service use.
Ownership is offering several acquisition structures to accommodate different investment strategies:
• Combined 95–97 E 3rd St (±1,400 SF) – Offered at $1,800,000 Expanded space providing enhanced flexibility, visibility, and operational scale.
• 97 E 3rd St (±1,000 SF) – Offered at $1,200,000 Ideal for an owner-user or investor seeking a standalone footprint in a prime corner location.
• 95 E 3rd St (±400 SF) – Offered at $600,000 Ideal for an owner-user or investor seeking a standalone footprint in a prime location.
This is a rare chance to secure a centrally located commercial asset with optionality—whether maintaining the current use, expanding operations, or repositioning for long-term value.
Confidential offering – additional details available upon request.
Positioned in a highly desirable downtown corridor, 95–97 E 3rd Street presents a rare opportunity to acquire a versatile commercial asset with multiple pathways for ownership and growth. Surrounded by strong foot traffic, established businesses, and continued area development, this property is ideal for investors, owner-users, or operators seeking a strategic location with built-in momentum.
The offering includes a well-maintained commercial space with an existing operating business in place, providing immediate income potential and operational continuity. The layout, visibility, and location support a variety of concepts—from retail and dining to boutique service use.
Ownership is offering several acquisition structures to accommodate different investment strategies:
• Combined 95–97 E 3rd St (±1,400 SF) – Offered at $1,800,000 Expanded space providing enhanced flexibility, visibility, and operational scale.
• 97 E 3rd St (±1,000 SF) – Offered at $1,200,000 Ideal for an owner-user or investor seeking a standalone footprint in a prime corner location.
• 95 E 3rd St (±400 SF) – Offered at $600,000 Ideal for an owner-user or investor seeking a standalone footprint in a prime location.
This is a rare chance to secure a centrally located commercial asset with optionality—whether maintaining the current use, expanding operations, or repositioning for long-term value.
Confidential offering – additional details available upon request.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$116,976
|
$84.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$116,976
|
$84.22
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $116,976 |
| Annual Per SF | $84.22 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $116,976 |
| Annual Per SF | $84.22 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,389 SF
Building Class
B
Year Built
2019
Price
$2,505,233 CAD
Price Per SF
$1,803.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.04 AC
Zoning
R1
Amenities
- 24 Hour Access
- Corner Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 726-54-031 | Improvements Assessment | $1,881,244 CAD (2026) |
| Land Assessment | $160,416 CAD (2026) | Total Assessment | $2,041,660 CAD (2026) |
Property Taxes
Parcel Number
726-54-031
Land Assessment
$160,416 CAD (2026)
Improvements Assessment
$1,881,244 CAD (2026)
Total Assessment
$2,041,660 CAD (2026)
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97 E 3rd St
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