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Listed by Bryson Smith • Intero Real Estate Services
$ 6,565,000
Est. payment /mo
New
500 San Benito ST Hollister, CA 95023
3 Beds
3 Baths
17,569 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 17,569 sqft
Price per Sqft $373
MLS Listing ID ML82030275
Bedrooms 3
Full Baths 3
Year Built 1929
Lot Size 4,369 Sqft
Property Sub-Type Five or More Units
Property Description
500 San Benito Street is a historic mixed-use investment property located in the heart of Downtown Hollister. The building features a ground-floor restaurant with residential units above, offering investors stable in-place income in a prime downtown location. Originally constructed in the late 1920s, the property is a contributing structure within the Downtown Hollister Historic District and benefits from reinforced concrete construction. The commercial space is leased, providing consistent cash flow. The property is undergoing a significant renovation. The building shell and structural components have been updated both inside and out, and the residential portion is being built out to include 12 apartments, consisting of six one-bedroom units and six two-bedroom units. Individual unit control is provided via ductless mini-split HVAC systems. Recent capital improvements include a refinished low-slope commercial membrane roof. Renovations are in progress and nearing completion, positioning the property for stabilized mixed-use operation. Located near City Hall, retail, dining, and civic amenities, this offering presents an opportunity to acquire a character-rich, income-producing asset with historical significance and long-term value in Downtown Hollister.
Location
State CA
County San Benito
Area Hollister
Zoning AP
Interior
Heating Other
Cooling Other
Exterior
Parking Features Off-Street Parking, On Street
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Other
Building
Foundation Reinforced Concrete
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 054-080-009-000
Security Features None
Special Listing Condition Not Applicable
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