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$2,900,000

Est. payment - /mo

Contingent

482 Alvarado ST Monterey, CA 93940

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Alex Tai

alex@cullinanluxury.com +1(650) 773-2321

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Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Contingent

Purchase Type For Sale

Square Footage 12,061 sqft

Price per Sqft $240

MLS Listing ID ML81924244

Year Built 1941

Lot Size 0.290 Acres

Property Sub-Type Commercial Property

Property Description

The subject property located in heart of Monterey Downtown and contains retail and executive offices. 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, 95% are occupied. Potential for a apartment or condo development opportunity on Calle Principal Street side may request more detail through City of Monterey, and water management.

Location

State CA

County Monterey

Area Downtown/Fisherman Wharf

Building/Complex Name Galerie Monterey

Zoning C-2

Interior

Heating Forced Air

Cooling Other

Exterior

Parking Features No Garage, Off-Street Parking

Utilities Available Public Utilities

Roof Type Flat / Low Pitch,Foam,Polyurethane,Tile

Present Use Commercial

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 1

Others

Restrictions None

Tax ID 001-572-003-000

Security Features None

Special Listing Condition Not Applicable

Virtual Tour https://tours.montereybayvirtualtours.com/s/idx/192773

Listed by Young Seon Myong • Sotheby's International Realty

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Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321