Property Details
About this Property
Prime location corner lot 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, including new sewer lateral, plumbing, electrical, roof, etc. Tenant willing to renegotiate lease terms. 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.
MLS Listing Information
MLS #
ML81867652
MLS Source
MLSListings, Inc.
Commercial Information
# Buildings / # Units
1
Parking Spaces
8
Present Use
Medical/Dental
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
None
Heating
Forced Air
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
PC-planned commmunity
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
590 Del Monte Ave is a Commercial Sale in Monterey, CA 93940. This 1,090 square foot property sits on a 8,400 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $925,000 and was built in 2003. This address can also be written as 590 Del Monte Ave, Monterey, CA 93940.
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This listing information is up-to-date as of June 28, 2024. For the most current information, please contact The Ruiz Group, (831) 392-6993
