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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$2,288,000

Est. payment - /mo

0.51 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41043114

HOA Y/N No

Year Built 1915

Annual Tax Amount $20,000

Lot Size 0.510 Acres

Property Description

This historic building, located in the heart of Hollister, is widely recognized for its architectural significance. Spanning an impressive 19,850 sq ft, the building boasts 25 rooms/suites, each equipped with a full bathroom and half bathroom. Situated in Hollister's bustling downtown area, this property is zoned for commercial/home office and mixed-use purposes, currently serving as a thriving business plaza housing multiple offices. This sale comprises three parcels, offering a total lot size of approximately 35,000 sq ft (0.80 acres). The City Planning department is supportive of a denser development plan, making it feasible to convert the property into residential condos or senior living facilities. The proposed community could accommodate up to 20 condos, complemented by an efficiently designed parking lot. A detailed concept plan has been meticulously crafted, submitted, and thoroughly discussed with the City authorities. Additionally, there's potential to renovate the main building into affordable apartments. Moreover, the seller is open to flexible financing options, including carrying a loan, and is also amenable to optional joint development ventures.

Location

State CA

County San Benito

Zoning Home

Interior

Heating Natural Gas

Cooling See Remarks

Fireplace No

Exterior

Utilities Available Natural Gas Available, Water Available

Roof Type Tile

Total Parking Spaces 20

Others

Tax ID 055050026000

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Listed by Mario Mapoy Bay Home Investments&Loans #01063472

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

910 Monterey Street Hollister, CA 95023

Jessica Panzica

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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