Monterey CA Real Estate & Commercial for Sale

This adorable cottage, originally the carriage house to the neighboring property, is now a quaint office/professional building with loads of charm. The original building was expanded to increase ground floor square footage as well as a second floor. The expansion of the building followed the existing A-frame cottage design. Step into the main lobby to soaring open beam ceilings and a beautiful fireplace. Off of the lobby area on the main floor is a hallway to 3 exam rooms, restroom, and closet. The second floor has two rooms and a bathroom and offers ocean views and can be accessed from the main building interior or exterior stairs. Currently Zoned Commercial Office (CO) which according to the City of Monterey does allow for a residential use with a Use Permit, so if a buyer wanted to use the property as a home, they may, but they would need to apply to the City and be approved for a Use Permit - Buyer to satisfy themselves as to the ability to convert to a residential use with the City directly. All of this sits on a street to street lot - parking on both sides of the property as well as off-street parking. Located mid way between Del Monte Shopping Center and downtown Monterey walk to the movies, restaurants, shopping, wharf, beach, harbor, etc.

This adorable cottage, originally the carriage house to the neighboring property, is now a quaint office/professional building with loads of charm. The original building was expanded to increase ground floor square footage as well as a second floor. The expansion of the building followed the existing A-frame cottage design. Step into the main lobby to soaring open beam ceilings and a beautiful fireplace. Off of the lobby area on the main floor is a hallway to 3 exam rooms, restroom, and closet. The second floor has two rooms and a bathroom and offers ocean views and can be accessed from the main building interior or exterior stairs. Currently Zoned Commercial Office (CO) which according to the City of Monterey does allow for a residential use with a Use Permit, so if a buyer wanted to use the property as a home, they may, but they would need to apply to the City and be approved for a Use Permit - Buyer to satisfy themselves as to the ability to convert to a residential use with the City directly. All of this sits on a street to street lot - parking on both sides of the property as well as off-street parking. Located mid way between Del Monte Shopping Center and downtown Monterey walk to the movies, restaurants, shopping, wharf, beach, harbor, etc.

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.

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.

Corner lot with plans for six residential units in downtown Monterey. Located at the corner of Pearl St and Tyler St, across from the Monterey Transit Center. Steps to Alvarado St and downtown Monterey, Trader Joes, Fisherman's Wharf, Monterey Harbor, and Del Monte Beach. Owner has obtained plans for a 9650 square-foot building on a 5630 square-foot lot. Pursue water through the City of Monterey or request water from the private wells owned by Seller in downtown Monterey. Plans are for a mixed use project ocean views to include a 4 bedroom, 4 bathroom 2000 sf unit, two units that are 3 bedrooms and 3 bathrooms. Designed to be beautiful apartments that look like high end condos.

Corner lot with plans for six residential units in downtown Monterey. Located at the corner of Pearl St and Tyler St, across from the Monterey Transit Center. Steps to Alvarado St and downtown Monterey, Trader Joes, Fisherman's Wharf, Monterey Harbor, and Del Monte Beach. Owner has obtained plans for a 9650 square-foot building on a 5630 square-foot lot. Pursue water through the City of Monterey or request water from the private wells owned by Seller in downtown Monterey. Plans are for a mixed use project ocean views to include a 4 bedroom, 4 bathroom 2000 sf unit, two units that are 3 bedrooms and 3 bathrooms. Designed to be beautiful apartments that look like high end condos.

Rare Landmark freestanding building in the heart of downtown Monterey with pull up parking which is very rare in Downtown Monterey. 7873 SF of Retail and office. Seller will consider financing with 20% down and approved financials. Steps to Trader Joes and Fisherman's Wharf, surrounded by 1500 Hotel Rooms and across the street from the Monterey Public Transport hub making it easily accessible by visitors and public transportation. Boasting a walk score of 90 and bike score of 80. After 40 years as the local pharmacy destination the building is vacant - perfect for a single tenant or split the ground floor for 2 retail users and use the existing water credits for apartment on the second floor. Proforma rents as a single tenant result in a 5% Cap

Rare Landmark freestanding building in the heart of downtown Monterey with pull up parking which is very rare in Downtown Monterey. 7873 SF of Retail and office. Seller will consider financing with 20% down and approved financials. Steps to Trader Joes and Fisherman's Wharf, surrounded by 1500 Hotel Rooms and across the street from the Monterey Public Transport hub making it easily accessible by visitors and public transportation. Boasting a walk score of 90 and bike score of 80. After 40 years as the local pharmacy destination the building is vacant - perfect for a single tenant or split the ground floor for 2 retail users and use the existing water credits for apartment on the second floor. Proforma rents as a single tenant result in a 5% Cap

First time on the market! This is a rare offering of this highly flexible 16,917 square foot commercial building just off Fremont St situated on a 29,691 square foot lot. This building is ideal for an owner/user and investors alike. Currently occupied by three tenants; however, one space is occupied by an owner and would offer possession immediately or shortly after COE. Originally constructed as 7-8 individual suites, this flexible building allows several interior suite configurations that can be utilized to create the ideal layout for various businesses or for investors. This well maintained building features a brand new PVC roof system, several tenant improvements, some individual utility metering, and a large on-site parking lot with 25 open parking stalls with a block-to-block connection from Ramona Ave to Hannon Ave.

First time on the market! This is a rare offering of this highly flexible 16,917 square foot commercial building just off Fremont St situated on a 29,691 square foot lot. This building is ideal for an owner/user and investors alike. Currently occupied by three tenants; however, one space is occupied by an owner and would offer possession immediately or shortly after COE. Originally constructed as 7-8 individual suites, this flexible building allows several interior suite configurations that can be utilized to create the ideal layout for various businesses or for investors. This well maintained building features a brand new PVC roof system, several tenant improvements, some individual utility metering, and a large on-site parking lot with 25 open parking stalls with a block-to-block connection from Ramona Ave to Hannon Ave.

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.

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.

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. Price has been reduced.

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. Price has been reduced.

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 was damaged in storm and repair work is under way, Offered for sale with the repairs to be completed before the close of escrow, Or may consider discount and Buyer to complete repairs after close. Building is 100% occupied with long term tenants, some may be below market.

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 was damaged in storm and repair work is under way, Offered for sale with the repairs to be completed before the close of escrow, Or may consider discount and Buyer to complete repairs after close. Building is 100% occupied with long term tenants, some may be below market.

Rare opportunity to purchase a Garage Unlimited luxury condo. This unit is a well located 1,390 sq ft space including finished mezzanine area and features an electric roll up door, upgraded electrical panel and added outlets, polished concrete floors, private bathroom, metal cabinets with stainless, bamboo countertops and a Bendpak HD9 4-post car lift. Electricity, water, and internet is connected. Complex amenities include wide drive aisles, 24/7 monitored security gate and additional common restroom areas. The unit is in a prime location several minutes from the Monterey Airport, Hwy 1 and Hwy 101. Wonderful opportunity for car enthusiasts, and collectors.