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482 Alvarado Street Monterey, CA $ 2,790,000
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$ 2,790,000 Get more info
482 Alvarado Street
$ 2,790,000
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482 Alvarado Street

Monterey, CA, 93940
$ 2,790,000
Baths0.0 Sq 12,061

Monthly Estimate*

$ 18,543

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Studio

Commercial Property for sale in Monterey, CA

for $2,790,000. This 12,061 square foot building was built in 1941 on a lot size of 0.289991.

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.

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Commercial Active

Price

$ 2,790,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Comm Ind For Sale

Lot Size

0.289991

Year Built

1941

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML81924244
Features
General
Sewer Public Sewer
Heating Forced Air
Roof Tile
Zoning C-2
Year Built 1941
Property SubType Comm Ind For Sale
Accessibility Customized Wheelchair Accessible
County Monterey
Property Type Commercial Sale
HOA / Comm Assn Y
Status Active
Directions Downtown Monterey on Alvarado S
City Monterey
MLS Area Listing
Lot Size Square Feet 12632
Street Name Alvarado Street
Virtual Tour https://tours.montereybayvirtualtours.com/s/idx/192773 https://tours.montereybayvirtualtours.com/s/482-Alvarado-St-Monterey-CA-93940
Standard Status Active
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Exterior
Water Source Public
Lot Size Area 12632.4
Lot Size Acres 0.29
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Interior
Heating Y/N Yes
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* Excluded Features
List By
Young Seon Myong

Listing Agent

Sotheby's International Realty

Broker

youngseon.myong@sothebys.realty

Email

Affordability Calculator

$18,543
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,543
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/11/2023$2,790,000 Listed Price

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482 Alvarado Street, Monterey, CA, 93940 is a Commercial Property for sale at $2,790,000 with 12,061 sqft and a lot size of 0.289991. 482 Alvarado Street is a studio with 0.0 baths and was built in 1941. The property's zip code is 93940 which is in Monterey, CA

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