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$1,595,000
Est. payment /mo
4,665 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82063709
HOA Y/N No
Year Built 1982
Annual Tax Amount $9,713
Lot Size 4,665 Sqft
Property Description
Rare opportunity to own a versatile two-story commercial property in a prime Monterey location with exceptional investment and redevelopment potential. Offering approx. 3,456 sq. ft., the building features multiple offices, 4 bathrooms, 5 separate entrances, and two sets of stairs at opposite ends providing excellent flexibility for separate access to each level. Situated on a corner lot with parking for 8+ vehicles and peeks of the Monterey Bay. Just a short 7-minute walk to Del Monte Beach and conveniently located near Downtown Monterey, Lake El Estero, restaurants, banks, schools, and more. The property offers unique potential for multiple uses, including full residential conversion or a mixed-use configuration with retail downstairs and residential upstairs, subject to City approval and applicable regulations. Plans are currently being pursued with the City for 3 residential units2 upstairs and 1 downstairs. A unique Monterey property with location, flexibility, and exciting possibilities for its next owner.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning PC-D-ES
Interior
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 4
Building
Story 2
Water Public
Others
Tax ID 001725002000
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Listed by Miguel Amaya Real Brokerage Technologies #02077749
Nearby School & Business
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