Hollister, CA 95023,191 San Felipe Road

$5,850,000

$6,295,000

7.1%
Est.Price: ?

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Est. payment /mo

27,371 SqFt


SOLD DATE : 12/30/2024

Key Details

Sold Price $5,850,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 27,371 sqft

Price per Sqft $213

MLS Listing ID ML81979750

Sold Date 12/30/24

HOA Y/N No

Year Built 1985

Lot Size 2.400 Acres

Acres 2.4

Property 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

Location

State CA

County San Benito

Area Listing

Zoning AP

Interior

Flooring Concrete

Fireplace No

Building

New Construction No

Others

Tax ID 051090011000

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Bridge MLS
Listed by KW Coastal Estates
Bought with Monterey Peninsula Home Team
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