383 1st Street, Gilroy, CA 95020
Santa Clara County
Key Facts
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
Industrial
Year Built
1935
Living Area
6,036 sq ft
Lot Size
15,000 sq ft
Zoning
C1
Days on Market
98
MLS® Listing#
ML82040906
Property Features
Parking
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
79035034
Directions
turn right onto CA-152 W/Leaves
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
- 57
- Median Days on Market
- 2,325
- Median Sq Ft
- $524
- Median Price / Sq Ft
- 263
- 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
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Points of Interest in Gilroy, CA
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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
Listing Courtesy: Omarshall, Inc
Presented by: Ricardo Archila
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.