SOLD 01/31/2024
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Interior Features
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Commercial sold for $1,400,000 in 294 days
97 E 3rd St Morgan Hill, CA, 95037
Off the market Comm Ind For Sale
The commercial building is in a high-traffic area in downtown Morgan Hill, with excellent visibility and easy access for both pedestrians and vehicles. The surrounding area is a mix of commercial and residential properties, with numerous retail stores, restaurants, and offices nearby. The building is in a prime location for businesses seeking maximum exposure and foot traffic. The building houses an ice cream shop as well as the retail space next door which is also part of the property and is currently leased out to a Jewelry boutique. The building was constructed in 2019 and has been well-maintained. The ice cream shop has a small seating area and is equipped with commercial-grade appliances, while the retail space next door has an open floor plan.
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Property details
1,389 sqft interior area
Land area
1,771 sqft (0.04 acres)
Address
97 E 3rd St, Morgan Hill, CA, 95037
City of California
Morgan Hill
County
Santa Clara
Year Built
2018
District
Listing
Nearby major retailers
Dollar Tree
Verizon Wireless
Petco
GameStop
T-Mobile
GNC
See's Candies
Staples
MetroPCS
Supercuts
AT&T
Ross
TJ Maxx
Walmart Supercenter
Chevron
Trader Joe's
7-Eleven
AutoZone
Safeway
The Home Depot
O'Reilly Auto Parts
Jiffy Lube
Variety store: 1
Mobile phone: 5
Pet: 1
Video games: 1
Nutrition supplements: 1
Confectionery: 1
Stationery: 1
Hairdresser: 1
Department store: 2
Supermarket: 4
Convenience: 2
Car parts: 2
Do it yourself: 1
Car repair: 1
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Interior Features
—
Garage & Parking
Other
Listed by
David Zaria, Compass
Name
David Zaria
License number
01916037
Brokerage company
Compass
MLS #
ML81924600
Buyer agent
Name
David Zaria
Brokerage company
Compass
Payment calculator
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Mortgage
$4,299
Taxes
$0
HOA dues
$0
Mortgage
$280,000 / 20%
2.28%
30 years
Your amount
$4,299 / month
Lot details
TMK #72654031
Parcel nr.
72654031
95037 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95037
45%
Families with children
National average: 39%
20%
Non family households
56,492
Population
$146,579
Average Income
Age & gender
Median age 39 years
More info
Commute types
87% commute by car
More info
Education level
26% have bachelor education
More info
Number of employees
18% work in education and healthcare
More info
Vehicles available
42% have 2 vehicle
More info
Vehicles by gender
42% have 2 vehicle
More info
Housing market insights for
$1.38m
Neighborhood average
sales price*
sales price*
$1.33m
Neighborhood median
sales price*
sales price*
166
Number
of sales*
of sales*
Housing type
65% are single detacheds
More info
Rooms
31% of the houses have 6 or 7 rooms
More info
Bedrooms
53% have 2 or 3 bedrooms
More info
Owners vs Renters
73% are owners
More info
15.67 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jan 31, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 31, 2024 | Sold | $1,400,000 | 0 | Public Record |
| Jan 31, 2024 | Price Decrease | $1,400,000 -6.6% | 0 | MLS #ML81924600 |
| Jan 29, 2024 | Pending | $1,499,000 | 0 | MLS #ML81924600 |
| Jan 12, 2024 | Under contract | $1,499,000 | 0 | MLS #ML81924600 |
| Aug 9, 2023 | Price Decrease | $1,499,000 -6.25% | 0 | MLS #ML81924600 |
| Apr 13, 2023 | New Listing | $1,599,000 | 0 | MLS #ML81924600 |
Taxes of 97 E 3rd St, Morgan Hill, CA, 95037
PD zoning / MLS #ML81924600
Zoning
PD
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Frequently Asked Questions about 97 E 3rd St
What is 97 E 3rd St?
97 E 3rd St is a Commercial/Industrial propertywith 1,389 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
97 E 3rd St, Morgan Hill, CA, 95037.
What comparable properties are nearby?
Comparable nearby commercial properties include 240 Vineyard Ct, Seymour Ave, 11300 Center Ave, 575 1st St, Buena Vista Ave, Pacheco Pass Hwy.
Based on information from the bridgeMLS as of 05-19-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Feb 08, 2024
Verhouse Last checked 50 minutes ago
The closest grocery stores are Morgan Hill Foods, 0.47 miles away and Trader Joe's, 0.73 miles away.
The 95037 zip area has a population of 56,492, and 45% of the families have children. The median age is 39.74 years and 87% commute by car. The most popular housing type is "single detached" and 73% is owner.
