660 Camino Aguajito, Monterey
$3,395,000MLS® # ML81949733
Mick Pfaff Sotheby's International Realty
499 Alvarado Street, Monterey
$3,400,000
Click the arrows next to the image to browse our photo gallery for this property.
0 Bed
0 Bath
.24 Acre
0 Garage
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
Essential Information
- MLS® #
- ML81953114
- Price
- $3,400,000
- Bathrooms
- 0.00
- Acres
- 0.24
- Year Built
- 1951
- Type
- Commercial Sale
- Status
- Active
Community Information
- Address
- 499 Alvarado Street
- Area
- 699 - Not Defined
- City
- Monterey
- County
- Monterey
- Zip Code
- 93940
- Senior Community
- N
Amenities
- Parking Spaces
- 10
Interior
- Heating
- Central
- Cooling
- Gas
- # of Stories
- 2
Exterior
- Roof
- Composition
Additional Information
- Date Listed
- February 1st, 2024
- Days on Market
- 96
- Zoning
- C1
Listing Details
- Agent
- Monterey Peninsul...
- Office
- KW Coastal Estates
Property History
Price Reduced from $3,950,000 to $3,400,000
Price Reduced from $4,600,000 to $3,950,000
LISTING MAP
Properties for Sale Similar to 499 Alvarado Street, Monterey
486 Alvarado Street, Monterey
$3,800,000MLS® # ML81944629
Monterey Peninsul... KW Coastal Estates
482 Alvarado Street, Monterey
$2,790,000MLS® # ML81924244
Young Seon Myong Myong Sotheby's International Realty
Buyer's Agent
Listing Agent
Monterey Peninsul... - KW Coastal EstatesBased on information from California Regional Multiple Listing Service, Inc. as of May 7th, 2024 at 7:30pm 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.