Property Details
About this Property
First time on the market in over 70 years. 416 & 422 Alvarado Street is located in the heart of downtown Monterey, CA. This iconic three-story property is located directly next door to Alvarado Street Brewery and just three blocks from Fishermans Wharf. The ground floor of the building is leased to Walgreens, who has been a Tenant in the building since 1998. The second & third floors have nearly identical floor plans with eight residential apartment units on each floor, for a total of 16 units. There are six studio units and ten one-bedroom units. The second and third floors are accessed by a foyer off Alvarado Street that is improved with an internal stairwell and elevator, and a second stairwell attached to the rear of the building that provides access to Calle Principal. The individual apartment units are accessed by a central hallway on each floor.
MLS Listing Information
MLS #
ML81934752
MLS Source
MLSListings, Inc.
Commercial Information
Parking Spaces
0
Present Use
Multi-Family, Retail
Utilities
Water - Public
Interior Features
Cooling
Other
Heating
Other
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
PC
Neighborhood: Around This Home
Neighborhood: Local Demographics
416 Alvarado St is a Commercial Sale in Monterey, CA 93940. This 25,890 square foot property sits on a 0.277 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,500,000 and was built in 1910. This address can also be written as 416 Alvarado St, Monterey, CA 93940.
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This listing information is up-to-date as of September 02, 2023. For the most current information, please contact Patrick Stafford, (831) 238-3592
