Monterey CA Commercial for Sale
$2,075,000
Lighthouse Avenue Monterey, CA
- Type:
- Industrial
- Sq.Ft.:
- 7,150
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- ML81954010
View additional info
Courtesy: Baird Partnership, Inc.
ADDITIONAL INFORMATION
This mixed-use owner/user or investment opportunity has an approximately 5,550 SF two-story retail/office building and an approximately 1,600 SF two-story duplex (1br/1ba each) situated on +/- 9,720 SF of land with two APNs. The Seller has worked with the City of Monterey and the Monterey Peninsula Water Management District and received Planning and Building Dept. approval to convert the (currently vacant) 2nd floor of the front building into three residential units (two 2br/1ba, one 1br/1ba). The building plans are finished, but the permit has not yet been pulled. The zoning of the Lighthouse Area Specific Plan aims to create a livable community (comprised of mixed-use properties) and a revitalized destination point on Lighthouse Avenue for residents and visitors. Both commercial tenants have occupied the property for many years and have multiple years left on their leases. The ground floor of the duplex is used as storage by one of the commercial tenants and the upstairs unit of the duplex is rented at $1750 M-M.
$6,000,000
1249 Josselyn Canyon Road Monterey, CA 93940
- Type:
- General Commercial
- Sq.Ft.:
- 21,990
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 6.85 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- ML81950744
ADDITIONAL INFORMATION
Former home of Ave Maria Convalescent Hospital, this extraordinary facility is ready for transitioning. Resting on 6+ acres in a forested setting in Monterey, California, this unique property is centrally located in the sunbelt and consists of six separate structures: two patient/administrative buildings with 49 beds, housing for on-site manager, food storage/walk-in freezers, 4-car garage with workshop and storage casita. Included in this Ave Maria offering, there is a reception area, administrative offices, employee break room, commercial kitchen, two laundry areas, large basement and two activity rooms. With over 21,000 sq ft under roof and a lighted parking lot consisting of 32 parking spaces, a property with these attributes is rarely available in Monterey and deserves a place in your portfolio.
$3,345,000
660 Camino Aguajito Monterey, CA 93940
- Type:
- General Commercial
- Sq.Ft.:
- 9,406
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- ML81949733
ADDITIONAL INFORMATION
Location..Square footage..Interior amenities..Views and access to dowtown & freeway travel ! These are the ingredients to an exceptional multi-tenant office building ready for Owner-User purchase. Long term tenants with long term leases occupy floors 1 & 2. Third floor is now available for additional tenants or owner use. Overlooking the magnificent Lake El Estero, this creation satisfies ambiance and investment requirements. Expansive covered parking for employees & clients and situated only minutes from the marvelous city of Monterey. Both 2d and 3rd floors have private decks and present the floor to ceiling windows designed to create an exceptional atmosphere. The full solar package has eliminated electrical expenses, benefitting the owner & ecology alike. 28 total rooms give an enormous degree of flexibility in use. POSSIBLE RESIDENTIAL CONVERSION available. Total of 6 full bathrooms plus kitchen areas are further highlights of this fabulous opportunity to both own and use this marvelous property as a springboard to your next productive financial adventure. An impressive cap rate and solid income generation history makes this a natural selection for your purchase agenda. Zoned R-3-6-AP available for residential conversion on the 3rd floor of approx. 3600 square feet.
- Type:
- General Commercial
- Sq.Ft.:
- 2,560
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 2001
- Baths:
- MLS#:
- ML81948588
ADDITIONAL INFORMATION
This is a 2560 SF 2-story commercial condo in a 3-unit building, set in the Ryan Ranch Business R/D Industrial Park, located in Monterey. It is set up currently with a reception area & 2 classrooms with projector set up on the 1st floor. There are 4+ offices on the 2nd floor. The building was formerly a radio station, and still has padded walls for soundproofing in the offices & racks for electronic equipment on the 2nd floor. The facility would make a great recording studio as well as a traditional office facility with classrooms. The Unit C Entrance is on the left side of the main building with a park-like setting of trees. There are 2 general parking lots adjacent to the building. The unit also has 3 exclusive-use parking spaces plus use of the public parking. The Building Association fee is $180/mo. for landscaping, trash, recycling. The price has a great price reduction, $332/SF
$3,500,000
486 Alvarado Street Monterey, CA 93940
- Type:
- General Commercial
- Sq.Ft.:
- 10,082
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.35 Acres
- Year built:
- 1975
- Baths:
- MLS#:
- ML81944629
ADDITIONAL INFORMATION
Rare opportunity to own well performing historic building at the start of main street w/ private parking. Many long term tenants. Tenants include Super Cuts & Pacific Valley Bank. Special historic property. The former Home of CA GOVERNOR ALVARADO - A native of Monterey, Alvarado served as Governor of Mexican California from December 20, 1836 to December 20, 1842. Building is 100% occupied with long term tenants, some may be below market.
$2,790,000
482 Alvarado Street Monterey, CA 93940
- Type:
- General Commercial
- Sq.Ft.:
- 12,061
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1941
- Baths:
- MLS#:
- ML81924244
ADDITIONAL INFORMATION
The subject property located in heart of Monterey Downtown and contains a commercial building with of retail and office spaces. This building has a two major entrances, one on Alvarado & Calle Principal, it also has an elevator and two large bathrooms. Most of tenants has been long-term. It also has private parking area on Calle Principal Street. These lease are gross Lease, owner pays all expenses, ablout 75% are occupied. Potenita for a apartment or condo development opportunity on Calle Principal Street part, may request more detail through City of Monterey.
Monterey Real Estate
The median home value in Monterey, CA is $1,015,000. This is higher than the county median home value of $764,900. The national median home value is $338,100. The average price of homes sold in Monterey, CA is $1,015,000. Approximately 32.14% of Monterey homes are owned, compared to 59.11% rented, while 8.76% are vacant. Monterey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monterey real estate agent to arrange a tour today!
Monterey, California has a population of 30,014. Monterey is less family-centric than the surrounding county with 32.5% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Monterey, California is $85,365. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Monterey is 37.4 years.
Monterey Weather
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.6 degrees. The average rainfall is approximately 18.2 inches per year, with 0.1 inches of snow per year.