San Benito
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.
Broker Details
Intero Real Estate Services, Inc. (866) 334-7356
MLS ID: 02118821 State License Number: 02118821
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $6,565,000 |
| Year Built: | 1929 |
| Lot Size: | 17,569.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MLSLCA-ML82030275
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
302 Avenida Sevilla, Unit 0
Laguna Woods, California
225 E Meda Avenue
Glendora, CaliforniaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout