Pacific Grove CA Commercial for Sale
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- ML81982698
ADDITIONAL INFORMATION
$4,985,000
419 Forest Avenue Pacific Grove, CA 93950
- Type:
- General Commercial
- Sq.Ft.:
- 7,234
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1941
- Baths:
- MLS#:
- ML81978779
ADDITIONAL INFORMATION
A rare opportunity to own a 12-unit complex located in the iconic waterfront city of Pacific Grove. This trophy property provides investors an asset with tremendous presence, character, and scale in the city's most dynamic location. Strategically located in a popular coastal town known for its vibrant tourism and strong rental market, this property is an attractive opportunity for investors seeking both immediate returns and long-term growth. Luxury coastal living with a highly walkable and accessible location close to beaches, recreation trails, everyday shopping, casual restaurants, and world class attractions Unit amenities include hardwood floors, high ceilings, and spacious floor plans. Unique architectural design, provides large windows allowing plenty of natural light, spacious closets, and efficient layouts. Attractive to long-term tenants, residents can enjoy incredible access to neighborhood amenities and transportation. Property within walking distance to the Pacific Grove Unified School District (Pacific Grove High School, Pacific Grove Middle School, Robert Down Elementary School, and Forest Grove Elementary School). Investors seeking a product and location that is irreplaceable, with value-add potential, will strongly consider this once in a lifetime investment.
$1,295,000
212 Fountain Avenue Pacific Grove, CA 93950
- Type:
- General Commercial
- Sq.Ft.:
- 9,157
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- ML81976211
ADDITIONAL INFORMATION
The buildings central location in Pacific Grove places it within steps of local shops, restaurants, and attractions, making it a prime spot for businesses or community events. With its historical significance and prime location, this building holds great possibilities for anyone looking to invest in a piece of Pacific Groves rich heritage while creating a vibrant, modern space for the future or even a cultural center or gallery that celebrates the arts and history of the region. The possibilities are endless with this opportunity.
$2,900,000
1157 Forest Street Pacific Grove, CA 93950
- Type:
- General Commercial
- Sq.Ft.:
- 8,402
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.53 Acres
- Year built:
- 1982
- Baths:
- MLS#:
- ML81964420
ADDITIONAL INFORMATION
Investment opportunity 6 Retail Tenants with 2 apartments Potential to convert 2 back spaces to 5 more apartments and retain the best retail. Across from Trader Joe's., residential units or condos would have amazing ocean views if you go up a story off Street parking excellent long-term tenants the three main retail are over 20 years
- Type:
- General Commercial
- Sq.Ft.:
- 4,046
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- ML81936056
ADDITIONAL INFORMATION
Clearly one of the lowest priced commercial buildings on the peninsula, great opportunity, but the property has a new Phase 2 Environmental Report that resulted in a "remediation plan." This building is being sold in its current "As Is" condition subject to any buyer having to complete the remediation plan, so it cannot have any sort of traditional financing, and the buyer must assume the work. The building was the former Pacific Grove Cleaners, a long time Pacific Grove family business with tons of local history. There was an apartment on 2nd level. Great opportunity to improve and rent out or great for an owner/user.
Pacific Grove Real Estate
The median home value in Pacific Grove, CA is $1,406,000. 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 Pacific Grove, CA is $1,406,000. Approximately 38.23% of Pacific Grove homes are owned, compared to 43.57% rented, while 18.2% are vacant. Pacific Grove 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 Pacific Grove real estate agent to arrange a tour today!
Pacific Grove, California has a population of 15,169. Pacific Grove is less family-centric than the surrounding county with 26.9% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Pacific Grove, California is $92,980. 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 Pacific Grove is 48 years.
Pacific Grove Weather
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.7 degrees. The average rainfall is approximately 18.3 inches per year, with 0.1 inches of snow per year.