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Listed by Mario Mapoy • Bay Home Investments&Loans
$ 2,288,000
Est. payment | /mo
19,849 SqFt
$ 2,288,000
Est. payment | /mo
19,849 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 19,849 sqft
Price per Sqft $115
MLS Listing ID 41043114
HOA Y/N No
Originating Board BAY EAST
Year Built 1915
Lot Size 0.510 Acres
Property Description
This historic building, located in the heart of Hollister, is widely recognized for its architectural significance. Spanning an impressive 19,850 sq ft, the building boasts 25 rooms/suites, each equipped with a full bathroom and half bathroom. Situated in Hollister's bustling downtown area, this property is zoned for commercial/home office and mixed-use purposes, currently serving as a thriving business plaza housing multiple offices. This sale comprises three parcels, offering a total lot size of approximately 35,000 sq ft (0.80 acres). The City Planning department is supportive of a denser development plan, making it feasible to convert the property into residential condos or senior living facilities. The proposed community could accommodate up to 20 condos, complemented by an efficiently designed parking lot. A detailed concept plan has been meticulously crafted, submitted, and thoroughly discussed with the City authorities. Additionally, there's potential to renovate the main building into affordable apartments. Moreover, the seller is open to flexible financing options, including carrying a loan, and is also amenable to optional joint development ventures.
Location
State CA
County San Benito
Interior
Heating Natural Gas, Other
Cooling Other
Flooring Vinyl, Wood, Other
Fireplace No
Building
Lot Description Commercial, Public Transport Nearby
Story 3
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767