Properties

Comm Industrial For Sale For Sale

3,040 Sqft - 828 Lighthouse Avenue, MONTEREY, California 93940

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Property Description

Prime location on a high-exposure street, two blocks from Cannery Row, the Monterey Bay Aquarium and close to Fisherman’s Wharf and Downtown Monterey & Pacific Grove. This site offers 3,100sf of retail warehouse space, has 6 off-street parking spaces, 16-18 foot ceiling heights and a large roll-up door. Tenant is month to month, but willing to stay and pay higher rent. Rents are below market. 3.4% Cap Rate at current rents. Upside opportunity for investor or developer. Owner financing potential. Please do not disturb tenants. Business is not for sale. Tenants wish to remain. Shown by appointment only.

Basic Details
Property Type : Comm Industrial For Sale
Listing Type : For Sale
Listing ID : 40971610
Price : $1,299,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,040 Sqft
Year Built : 1964
Lot Area : 4,792 Sqft
Address Map
Country : US
State : CA
County : Monterey
City : MONTEREY
Zipcode : 93940
Street : Lighthouse Avenue
Street Number : 828
Floor Number : 0
Longitude : W122° 5' 46.8''
Latitude : N36° 36' 58.9''
MLS Addon
Office Name : KW Coastal Estates
Area : Cannery Row/Lighthouse Business
Address : 828 Lighthouse Avenue
LA1User Code : MLL5073829
LA1Agent Last Name : The Ruiz Group
Status Category : Active
Tot # Parking Spaces : 6
Zoning : PC -
List $/SqFt : $271
Age : 57
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $0
Total Deposits : $0
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,699,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Comm Industrial For Sale For Sale
  • Listing ID : 40971610
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 3,040 Sqft
$1,299,000
Agent info
Contact Agent