16345 Church Street Pending

Morgan Hill,CA 95037

$ 3000000

- Bed

- Bath

1296 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 1,296 sqft

Price per Sqft $2,314

MLS Listing ID ML81966404

Year Built 1955

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

Interior

Heating Forced Air

Building

Water Public

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