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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82029594
HOA Y/N No
Year Built 1935
Annual Tax Amount $9,500
Property Description
Location and money-making opportunity for the right buyer. The first floor is currently leased as a tavern, generating approximately $4,500 per month in rental income and providing immediate cash flow. The second floor is a work in progress and requires renovations, presenting a prime value-add opportunity. The upstairs has potential to be completed into a 4-bedroom, 1-bath residential unit with projected rental income of approximately $4,000 per month once finished. This property offers endless possibilities, including continued commercial tenancy, mixed-use redevelopment, or long-term hold. Corner location, downtown exposure, and limited supply of similar assets enhance long-term appeal. Real estate only. Business, liquor license, FF&E, and goodwill are not included. Upstairs area is under construction use caution during showings. Buyer to verify all zoning, permits, income, and development potential. Opportunities like this are rare in downtown Hollister buyers are encouraged to act promptly. Seller and Listing Agent encourage Buyer to fully satisfy themselves regarding all aspects of the property and to conduct all inspections, investigations, and due diligence they deem necessary prior to closing.
Location
State CA
County San Benito
Area 699 - Not Defined
Zoning AP
Interior
Cooling Central Air
Fireplace No
Exterior
Roof Type Clay,Flat
Total Parking Spaces 2
Building
Story 2
Water Public
Others
Tax ID 054090007000
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Listed by Julybeht Ornelas eXp Realty of Northern California, Inc.
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