486 Alvarado Street, Monterey

$3,800,000

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0 Bed
0 Bath
.35 Acre
0 Garage

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.

Essential Information

MLS® #
ML81944629
Price
$3,800,000
Bathrooms
0.00
Acres
0.35
Year Built
1975
Type
Commercial Sale
Status
Active

Community Information

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

Interior

Heating
Forced Air
Cooling
None
# of Stories
2

Exterior

Roof
Composition, Tar/Gravel

Additional Information

Date Listed
October 10th, 2023
Days on Market
209
Zoning
Comm

Listing Details

Agent
Monterey Peninsul...
Office
KW Coastal Estates
Property History
Price Reduced from $4,200,000 to $3,800,000

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Mick Pfaff Sotheby's International Realty
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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Monterey Peninsul... - KW Coastal Estates

Based on information from California Regional Multiple Listing Service, Inc. as of May 7th, 2024 at 9:55am 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.