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383 1st Street, GILROY, CA 95020

Santa Clara County

Key Facts

6,036Sq Ft
1935Year Built
2Stories

Listed By: Omarshall, Inc - 6508736844

Listed By: Ricardo Archila

Description

Prime mixed-use retail opportunity located in Gilroy, California, just steps from the downtown core. This highly visible two-story building sits in a strong commercial corridor with excellent street exposure and a Walk Score of 88/100, offering consistent foot and vehicle traffic. The property features classic early 20th-century commercial architecture and is currently taken down to the studs, providing a true blank canvas for a tenant to design and build out their ideal space. Zoned for commercial use, it offers flexible leasing potential. Property Features: Prime corner location at 1st St and Hanna St Building taken down to the studs ready for full custom buildout Former restaurant infrastructure with potential for reconfiguration Second-floor layout suitable for office or creative use Two restrooms (one on each level) Approximately 15,000 sq ft lot (tenant to verify) Approximately 21+/- parking spaces Strong signage potential and street visibility Established commercial district near downtown Gilroy Easy access to major regional routes and 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 Lease

Sub-Type

Retail

Year Built

1935

Stories

2

Living Area

6,036 sq ft

Parking Spaces

21

Ownership

Individual

MLS® Listing#

ML82048679

Property Features

Cooling

Other

Heating

Other

Flooring

Other

Foundation

Other

Roof

Other

Sewer

Public Sewer

Water Source

Public

Financial Details

Parcel Number

790-35-034

Affordability Calculator

$1,530

Estimated monthly payment

$41/mo

Principal $6,120 · Est. interest $8,538 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in GILROY, CA

$1,000,000
Median Listing Price
64
Median Days on Market
2,371
Median Sq Ft
$519
Median Price / Sq Ft
263
Active Listings
  • This home’s price is 99% below the area median.
  • Its price per sq ft is 100% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in GILROY, CA.

Location

Map showing the location of 383 1st Street, GILROY, CA 95020

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

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EXIT Agents in GILROY

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.
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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Data provided by MLSL. MLS® Listing#ML82048679. © 2026EXIT Realty®. All rights reserved.