16345 Church ST

Morgan Hill,CA 95037

$ 3000000

- Bed

0 Bath

1296 SqFt


Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,296 sqft

Price per Sqft $2,314

MLS Listing ID ML81966404

Year Built 1955

Annual Tax Amount $21,471

Lot Size 0.330 Acres

Property Description

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)

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CT

Interior

Heating Forced Air

Cooling Central Air,Gas

Exterior

Utilities Available Natural Gas Available

Roof Type Composition

Building

Story 1

Water Public

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