Income-Producing Downtown Opportunity 1 biens • Bureaux • À vendre 9 264 485 $ CAD • Morgan Hill, CA

Rare opportunity to acquire a contiguous, income-producing commercial land assemblage in the heart of Downtown Morgan Hill. This unique mixed-use portfolio consists of multiple adjacent parcels improved with a combination of residential homes and office suites, offering immediate in-place cash flow with strong long-term redevelopment potential.
The portfolio includes four adjacent APNs totaling approximately 33,720 square feet of land, strategically positioned within the Downtown Specific Plan area. The property is currently improved with seven total units, including multiple residential dwellings and a multi-tenant office building, generating approximately $279,600+ in gross annual income. The diversified tenant mix provides stability and consistent income during the holding period while allowing flexibility for future repositioning.
The residential component includes multiple single-family homes with separate entrances and functional layouts, appealing to long-term tenants. The office component features multiple suites with established tenancy, providing additional income diversification. The current configuration supports steady occupancy while offering future upside through rent adjustments, repositioning, or redevelopment.
Located in the core of Downtown Morgan Hill near Monterey Road, the property benefits from excellent visibility, strong surrounding commercial activity, and walkable access to restaurants, retail, banks, and civic amenities. The area continues to experience ongoing revitalization and infill development, further enhancing long-term investment potential. Proximity to Highway 101 provides convenient regional access, making this location attractive for both residential and commercial tenants.
The contiguous nature of the assemblage creates a rare opportunity for coordinated redevelopment across multiple parcels. Potential future uses may include mixed-use development, higher-density residential, expanded commercial use, or a combination of both, subject to City of Morgan Hill regulations and buyer verification. The site layout allows for improved circulation, site planning efficiencies, and potential parking reconfiguration, which are key advantages for future development.
This offering is ideal for investors seeking stable income with long-term appreciation potential, 1031 exchange buyers looking for a strategic replacement asset, or developers targeting infill opportunities in a growing downtown market. The combination of in-place income and future development flexibility makes this a highly versatile investment.
Offered as a portfolio sale only, this is a rare chance to control a significant footprint within Downtown Morgan Hill. Opportunities of this scale, location, and configuration are extremely limited, making this an exceptional addition to any investment or development portfolio.
Buyer to verify all information including zoning, development standards, square footage, income, and future use potential with the City of Morgan Hill.