
Morgan Hill, California 95037
Analysis of 285 W Main, Morgan Hill, California 95037 is currently available with a list price of $1,499,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Morgan Hill Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1920, the structures are over 100 years old and the listing primarily emphasizes redevelopment potential and land value. While currently tenant-occupied, the age of the buildings suggests original or significantly aged systems and interiors that require major rehab or total replacement to meet modern standards.
The expansive 17,523 SF lot and Mixed-Use Neighborhood zoning, paired with pre-reviewed conceptual plans for a multi-story project, offer substantial long-term appreciation and redevelopment upside.
The property provides instant cash flow from two separate units—a popular commercial Boba Tea business and a 2-bedroom residential home—both of which are currently tenant-occupied.
Situated in the heart of Morgan Hill, the property enjoys high visibility and excellent walkability to the Caltrain station, local dining, and major commuter corridors.
Originally built in 1920, the existing structures may require significant capital expenditure for maintenance or modernization if not immediately redeveloped.
Managing a mixed-use property with both commercial and residential tenants requires more specialized oversight and diverse lease structures compared to a standard residential investment.
Exceptional mixed-use investment opportunity in the heart of Morgan Hill! Situated on a 17,523 SF lot, this unique property offers immediate income and future development potential. The property features an approximately 723 SF commercial building occupied by a popular Boba Tea business, along with a separate 1,342 SF residential home offering 2 BD/2 BA. The residence is currently tenant-occupied, providing an additional income stream for investors. Located minutes from vibrant Downtown Morgan Hill, the property enjoys excellent visibility and convenient access to restaurants, shopping, Caltrain, and major commuter routes. Mixed-Use Neighborhood zoning creates exciting redevelopment possibilities. Conceptual plans for a multi-story mixed-use project have already been prepared and reviewed by the City of Morgan Hill, offering buyers valuable groundwork to explore expanded residential and commercial uses. Whether you're seeking a cash-flowing investment, live/work opportunity, or strategic redevelopment site, 285 W. Main Ave presents a rare chance to capitalize on both current income and long-term upside.
No exterior & parking available.
No sensitive facilities data found.
Jul 10, 2026
$1,499,000
Initial Listing
Mar 10, 2022
$1,300,000
Public Record
Jul 29, 1999
$240,000
Public Record