16345 Church St, Morgan Hill, CA 95037

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CommercialFor Sale

$3,000,000

16345 Church St

Morgan Hill, CA 95037

Listed by: Robert Dudley from Matrix Real Estate Network, 408-828-2853

MLS: MLSListings Inc.

1,296Sq Ft

Est. Mortgage

$15,585/mo

RARE OPPORTUNITY TO EARN INCOME WHILE -- at the same time -- TAKING ADVANTAGE OF CITY PLAN FOR FUTURE DEVELOPMENT. This is income producing real estate that may become RESIDENTIAL ATTACHED LOW DENSITY DEVELOPMENT. An operating Mini Storage Facility situated on two (2) parcels - combined 1.0375 Acres - including Single Family Residence (SFR) currently occupied by on-site manager - plus 175 enclosed individual Storage Units; plus approx. 12,000 sq ft vacant land situated to the rear of the SFR. Subject parcels have been identified by City of Morgan Hill "City Plan" for future usage as "RAL" Residential Attached Low-Density" for up to "16 units per acre" (per City of Morgan Hill)

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Based on information from the MLSListings MLS as of 06/15/2024 10:59 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information courtesy of Matrix Real Estate Network is subject to verification and is not guaranteed.

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