Properties

Comm Industrial For Sale For Sale

1,090 Sqft - 590 Del Monte Avenue, MONTEREY, California 93940

QR Code
Property Description

Located close to Downtown Monterey, Fisherman’s Wharf, Del Monte Beach and many more desirable amenities, this site offers 8,400sf of flat usable space with a 1,090sf newly renovated building. Currently occupied by a dental office. Tenant has a three-year lease with an option for five more at market rate. Rents are below market due to a massive $300,000 remodel performed by the current tenant. Upside opportunity for investor or developer. Property is also zoned for high density multi-family. Keep tenant in place and generate cash flow while you develop your plans. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only.

Basic Details
Property Type : Comm Industrial For Sale
Listing Type : For Sale
Listing ID : 40971611
Price : $1,099,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 1,090 Sqft
Year Built : 2003
Lot Area : 8,400 Sqft
Features
Heating System : Forced Air 1 Zone
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Monterey
City : MONTEREY
Zipcode : 93940
Street : Del Monte Avenue
Street Number : 590
Floor Number : 0
Longitude : W122° 6' 39.3''
Latitude : N36° 35' 58.8''
MLS Addon
Office Name : KW Coastal Estates
Area : Downtown/Fisherman Wharf
Address : 590 Del Monte Avenue
Directions to Property : SW Corner of Del Monte Ave and
LA1User Code : MLL5073829
LA1Agent Last Name : The Ruiz Group
Status Category : Active
Tot # Parking Spaces : 8
Zoning : PC-p
List $/SqFt : $130
Age : 18
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $6,852
Total Deposits : $0
Bus Sq Ft of Bldg : 0 Sqft
TENANT EXPENSE : Electric, Gas, Sewer, Trash, Water
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 : $1,590,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Comm Industrial For Sale For Sale
  • Listing ID : 40971611
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 1,090 Sqft
$1,099,000
Agent info
Contact Agent