Exceptional mixed-use investment opportunity in the heart of Morgan Hill! Situated on a 17,523 SF lot, this unique property offers immediate income and future development potential. The property features an approximately 723 SF commercial building occupied by a popular Boba Tea business, along with a separate 1,342 SF residential home offering 2 BD/2 BA. The residence is currently tenant-occupied, providing an additional income stream for investors. Located minutes from vibrant Downtown Morgan Hill, the property enjoys excellent visibility and convenient access to restaurants, shopping, Caltrain, and major commuter routes. Mixed-Use Neighborhood zoning creates exciting redevelopment possibilities. Conceptual plans for a multi-story mixed-use project have already been prepared and reviewed by the City of Morgan Hill, offering buyers valuable groundwork to explore expanded residential and commercial uses. Whether you're seeking a cash-flowing investment, live/work opportunity, or strategic redevelopment site, 285 W. Main Ave presents a rare chance to capitalize on both current income and long-term upside.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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