482 Alvarado Street, Monterey

$2,790,000

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0 Bed
0 Bath
.29 Acre
0 Garage

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.

Essential Information

MLS® #
ML81924244
Price
$2,790,000
Bathrooms
0.00
Acres
0.29
Year Built
1941
Type
Commercial Sale
Status
Active

Community Information

Address
482 Alvarado Street
Area
699 - Not Defined
City
Monterey
County
Monterey
Zip Code
93940
Senior Community
N

Amenities

Parking Spaces
8

Interior

Heating
Forced Air
# of Stories
1

Exterior

Roof
Flat, Foam, Tile

Additional Information

Date Listed
April 11th, 2023
Days on Market
391
Zoning
C-2

Listing Details

Agent
Young Seon Myong Myong
Office
Sotheby's International Realty
Property History
Price Reduced from $2,988,900 to $2,790,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 7th, 2024 at 11:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.