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Automatic Transmission Clinic 7896 Monterey St

6,408 SF Retail Building Gilroy, CA 95020 $3,652,168 CAD ($570 CAD/SF)

Investment Highlights

  • High visability location
  • Business is for sale seperatly
  • Long established business
  • Investment value add or owner user opportunity

Executive Summary

Great value add investment opportunity or possible owner user opportunity to acquire well established business with devoted customer base. Current tenant is month to month and is able to vacate within 30 days notice. The business is available for sale and will be sold separately.
In addition to the 6,408 SF repair shop, the property also includes an additional ~1200 SF of storage space in a structure behind the property. The location has great visibility and off street parking is available.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,408 SF
Building Class
C
Year Built
1948
Price
$3,652,168 CAD
Price Per SF
$570 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Land Acres
0.34 AC
Opportunity Zone
Yes
Zoning
C2, Gilroy - Mixed Use
Parking
6 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
100 ft on Monterey

Amenities

  • Fenced Lot
  • Storage Space
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
18,788
59,174
64,186
73,330
2029 Population
18,003
56,727
61,393
70,047
2024-2029 Projected Population Growth
-4.2%
-4.1%
-4.4%
-4.5%
Median Age
35.1
37.5
38.2
38.7
College Degree + Higher
19%
26%
26%
19%
Daytime Employees
9,732
20,302
25,086
31,381
Total Businesses
1,505
2,617
2,817
3,656
Average Household Income
$111,390
$140,024
$142,735
$144,532
Median Household Income
$86,680
$110,738
$112,944
$114,365
Total Consumer Spending
$204.6M
$756.6M
$836M
$1B
2024 Households
5,344
17,291
18,825
21,852
Average Home Value
$716,371
$814,651
$837,788
$847,753
$ values in USD

Nearby Major Retailers

Bank of Montreal
Black Bear Diner
Golden 1 Credit Union
Sunbelt Rentals
Applebee's
Anytime Fitness
Mechanics Bank
Cardenas
Grocery Outlet
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
841-02-008
Land Assessment
$320,077 CAD (2023)
Improvements Assessment
$353,911 CAD (2023)
Total Assessment
$673,988 CAD (2023)
  • Listing ID: 31865922

  • Date on Market: 2024-05-20

  • Last Updated:

  • Address: 7896 Monterey St, Gilroy, CA 95020

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