383 1st Street, GILROY, CA 95020
Santa Clara County
Key Facts
Listed By: Omarshall, Inc - 6508736844
Listed By: Ricardo Archila
Description
383 1st Street is a mixed-use retail property located in Gilroy, California, close to downtown. This two-story building features classic early 20th-century commercial architecture and sits within a highly walkable retail district with a Walk Score of 88/100. Historically home to neighborhood businesses, including restaurants and local services, the property is zoned for commercial use and offers strong potential for retail, restaurant, or mixed-use investment in a vibrant community setting near the downtown core. Property Highlights: Prime corner location at 1st St and Hanna St Former ground floor restaurant with full bar, outdoor patio seating, and interior atrium seating Former second floor office space with kitchenette and private offices Two restrooms (one on each level) Lot size approximately 15,000 sq ft (buyers to verify) Approximately 21+/- parking spaces Strong visibility in an established commercial district Less than 20 minutes from the San Jose Bay Area This property presents a rare opportunity to create a fully customized space in one of Gilroys most active commercial areas, with strong long-term potential driven by its location, visibility, and flexibility.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1935
Stories
2
Living Area
6,036 sq ft
Parking Spaces
21
Ownership
Individual
MLS® Listing#
ML82040906
Property Features
Cooling
Heating
Basement
Parking
Roof
Security
Sewer
Water Source
Financial Details
Annual Taxes
$10,000
Parcel Number
790-35-034
Directions
turn right onto CA-152 W/Leavesley Rd Use the 2nd from the left lane to turn left onto Monterey Rd Turn right onto 1st St Destination will be on the right
Affordability Calculator
$199,990
Estimated monthly payment
$5,322/mo
Principal $799,960 · Est. interest $1,116,015 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in GILROY, CA
- $1,000,000
- Median Listing Price
- 60
- Median Days on Market
- 2,325
- Median Sq Ft
- $521
- Median Price / Sq Ft
- 260
- Active Listings
- This home’s price is right around the area median.
- Its price per sq ft is 68% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in GILROY, CA.
Location
Points of Interest in GILROY, CA
Showing the GILROY area map.
Nearby Schools
Chester High School
Secondary · 0.2 mi away
St Mary's Catholic School
Elementary · 0.2 mi away
Brownell Middle
Secondary · 0.2 mi away
Gilroy Prep School
Elementary · 0.5 mi away
South Valley Middle School
Secondary · 0.6 mi away
Gilroy Community School
Elementary · 0.6 mi away
El Roble Elementary School
Elementary · 0.6 mi away
Gilroy Unified School District
Secondary · 0.9 mi away
Glen View Elementary School
Elementary · 0.9 mi away
Eliot Elementary School
Elementary · 1.0 mi away
Rod Kelley Elementary School
Elementary · 1.0 mi away
Mount Madonna Continuation High School
Secondary · 1.1 mi away
Gilroy High School
Secondary · 1.2 mi away
Ascencion Solorsano Middle School
Secondary · 1.3 mi away
Go Kids
Elementary · 1.3 mi away
Las Animas Elementary School
Elementary · 1.7 mi away
Luigi Aprea Elementary
Elementary · 1.7 mi away
Luigi Aprea Elementary School
Elementary · 1.7 mi away
Christopher High School
Secondary · 2.1 mi away
Rucker Elementary School
Elementary · 2.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 New Avenue, GILROY, CA | $729,000 | — | — | — |
| 0 New Avenue, Gilroy, CA | $729,000 | — | — | — |
| 0 New Avenue, Gilroy, CA | $729,000 | — | — | — |
| 7483 Monterey Street, Gilroy, CA | $735,000 | — | — | 2,000 |
| 7483 Monterey Street, GILROY, CA | $735,000 | — | — | 2,000 |
| 7483 Monterey Street, Gilroy, CA | $735,000 | — | — | 2,000 |
Moving Cost Estimate
EXIT Agents in GILROY
Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.
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