Sold
529 Central
PACIFIC GROVE CA, 93950
$2,000,000
$139.66 per sqft
Sold
14,321 sqft
Commercial
Built in 1984
Listed by Baird Partnership, Inc., Patrick Stafford, Listing Contact: 8312383592
Located directly across the street from the 101 guest room Kimpton Hotel development and one block from the ocean, 529 Central is a two-story +- 14,321 SF commercial building. There is currently only one tenant in the building, occupying approximately 2,510 sf on the ground floor. The remainder of the building is vacant and in primarily shell condition, due to fire damage in the building. The property benefits from ocean views on the second floor and historical group 2 water credits that could be used for a coffee shop, deli, or commercial kitchen use. There are plans by RRM Design Group out of San Luis Obispo for a 6-unit residential partial conversion (two units in a portion of the ground floor, and four units on the entirety of the second floor).
ML81955101
MLSⓇ ID
April 13, 2024
Listed
April 20, 2024
Updated
Map
529 Central
PACIFIC GROVE CA, 93950
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.26 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Central Ave/Downtown
Garage
No
Parking
Off Street
View
No
County
Monterey
Water Source
Public
Pool
No
Zoning
CD
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/19/2024 | Sold | $2,000,000 |
4/13/2024 | Under Contract | — |
3/28/2024 | Price Change | $2,700,000 -16% |
Listed by Baird Partnership, Inc., Patrick Stafford,
Listing Contact: 8312383592
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Data last updated 9:06 AM UTC, 4/20/2024