Automatic Transmission Clinic | 7896 Monterey St
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Automatic Transmission Clinic 7896 Monterey St
6,408 SF Retail Building Gilroy, CA 95020 $2,600,000 ($406/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 added investment opportunity or possible owner user opportunity to acquire well established transmission repair building and business with devoted customer base. Current smog test tenant is month to month and is able to vacate within 30 days notice.
In addition to the 6,408 SF transmission repair building, the property also includes an additional ~1200 SF metal storage building behind the main building . The location has great visibility and off street parking is available.
In addition to the 6,408 SF transmission repair building, the property also includes an additional ~1200 SF metal storage building behind the main building . The location has great visibility and off street parking is available.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,408 SF
Building Class
C
Year Built
1948
Price
$2,600,000
Price Per SF
$406
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
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)
DEMOGRAPHICS
Demographics
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
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 841-02-008 | Improvements Assessment | $252,541 (2023) |
| Land Assessment | $228,398 (2023) | Total Assessment | $480,939 (2023) |
PROPERTY TAXES
Parcel Number
841-02-008
Land Assessment
$228,398 (2023)
Improvements Assessment
$252,541 (2023)
Total Assessment
$480,939 (2023)
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Automatic Transmission Clinic | 7896 Monterey St
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