Active

482 Alvarado Street

Monterey CA, 93940

$2,790,000


$231.32 per sqft

Active

12,061 sqft

Commercial

Built in 1941

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.

ML81924244

MLS ID

April 11, 2023

Listed

April 10, 2024

Updated

Map

482 Alvarado Street
Monterey CA, 93940

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.29 Acres

Other Property Details

Area Name

Monterey


Garage

No


View

No


County

Monterey


Pool

No


Zoning

C-2


Buyer Agency Compensation

2.5%

Listed by Young Seon Myong with Sotheby's International Realty
Listing Contact: 831-238-4075 

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