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$899,000

383 1st Street

Gilroy, CA 95020

Active

1935

Year Built

Santa Clara

County

CommercialSale

Property Type

About this home

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. Seller will consider owner financing

Listed by Ricardo Archila · DRE #01480350 · Omarshall, Inc

MLS #1156337992

ListedMar 30, 2026

Property Details

Architecture

Stories2

StyleN/A

Total UnitsN/A

RoofOther

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total21

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.34 ac

Lot FeaturesN/A

ViewN/A

Directionsturn 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

Community

Area699 - Not Defined

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$4,785/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:45 PM

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