500 San Benito Street,Hollister, CA 95023
Hollister, CA 95023
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.
Details
| MLS # | ML82030275 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 258 |
| Listing Provided By | Intero Real Estate Services | Bryson Smith |
Features
| SQ Feet | 17,569 |
|---|---|
| Units | 12 |
| Building(s) | 1 |
| Zoning | AP |
| Acreage | 0.10 |
Interior
| Cooling Yes / No | Yes |
|---|
Exterior
| Roof | Other |
|---|
Taxes
| Property | 48000 |
|---|
Area Information
| State | CA |
|---|---|
| County | San Benito |
| City | Hollister |
| Zip Code | 95023 |
| Area | 699 Not Defined |
| Listing VS Median (in 95023) | |
Price: $6,565,000 low | high Med: $1,075,000 sqft: 17,569 low | high Med: 2,318 $ / sqft: $374 low | high Med: $471 On site: 258 low | high Med: 233.5 | |
Market Activity 95023
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Learn More About This Property
| State | CA |
|---|---|
| County | San Benito |
| City | Hollister |
| Zip Code | 95023 |
| Area | 699 Not Defined |
| Listing VS Median (in 95023) | |
Price: $6,565,000 low | high Med: $1,075,000 sqft: 17,569 low | high Med: 2,318 $ / sqft: $374 low | high Med: $471 On site: 258 low | high Med: 233.5 | |