Active

482 Alvarado ST

MONTEREY CA, 93940

$2,900,000


$240.44 per sqft

Active

12,061 sqft

Commercial

Built in 1941

Listed by Sotheby's International Realty, Young Seon Myong, Listing Contact: 8312384075

The subject property located in heart of Monterey Downtown and contains retail and executive offices. 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, 95% are occupied. Potential for a apartment or condo development opportunity on Calle Principal Street side may request more detail through City of Monterey, and water management.

ML81924244

MLS ID

April 11, 2023

Listed

December 10, 2024

Updated

Map

482 Alvarado ST
MONTEREY CA, 93940

Interior Features

Total Stories

1


Interior Features

Elevator


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.29 Acres


Roof

Tile


Sewer

Public Sewer

Other Property Details

Area Name

Downtown/Fisherman Wharf


Garage

No


Parking

No Garage, Off Street


Parking Total

8


View

No


County

Monterey


Water Source

Public


Pool

No


Zoning

C-2

Listing History

Date

Event

Price

12/10/2024

Price change

$2,900,000

3%

Listed by Sotheby's International Realty, Young Seon Myong,
Listing Contact: 8312384075 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jide Ogunbiyi | CA DRE# 02059624 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Jide Ogunbiyi | CA DRE# 02059624 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 6:11 PM UTC, 12/10/2024

 

 

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