---
listing_id: ML82041466
status: Active
price: 11490000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 40720
sqft_lot: 76540
lot_acres: 
year_built: 1945
property_type: Commercial Sale
property_subtype: 
address: "498 Fremont St"
city: Monterey
state: CA
zip: 93940
county: "Monterey County"
lat: 36.594928
lng: -121.89129
days_on_market: 26
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Peter Baird"
list_office: "Baird Partnership, Inc."
list_agent_phone: "(831) 646-1919"
list_agent_license: 00533485
mls_source: MLSL
modified: 2026-04-06
transaction_type: buy
---

Home | Monterey County | Monterey | 93940 | 498 Fremont St

498 Fremont St, Monterey, CA 93940

MLS: ML82041466 | Status: Active | Price: $11,490,000
Beds/Baths: – / –
Property Type: Commercial Sale

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
40,720 76,540 1945

Remarks

Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.

MLS Listing Information

Field Value
MLS # ML82041466
MLS Source MLSListings, Inc.
Days on Site 26

Features

Interior Features

Feature Details
Cooling Other
Heating Other

Exterior Features

Feature Details
Roof Other
Foundation Other

Parking, School, and Other Information

Feature Details
Sewer Other
Water Other
Zoning C-2, R-1

Commercial Information

Feature Details
Parking Spaces 0
Present Use Automotive
Utilities Other

Contact Information

Listing Agent Co-Listing Agent
Peter Baird David Baird
Baird Partnership, Inc. Baird Partnership, Inc.
License #: 00533485 License #: 02282077
Phone: (831) 646-1919 Phone: (831) 646-1919

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Monterey High School public 9-12 0.56 mi 8
Monte Vista public K-8 0.97 mi 6
La Mesa Elementary School public K-8 1.28 mi 7
Pacific Grove Middle School public 6-8 2.07 mi 9
Pacific Grove High School public 9-12 2.11 mi 10
Robert Down Elementary School public K-5 2.12 mi 8
Forest Grove Elementary School public K-5 2.31 mi 6
Community High (Continuation) School public 9-12 2.36 mi N/A
Del Rey Woods Elementary School public K-6 2.84 mi 7
Carmel High School public 9-12 2.92 mi 10
Pacific Grove Adult public UG 3.02 mi N/A
Seaside Children's Center public UG 3.29 mi N/A
Monterey Adult/Rop public UG 3.33 mi N/A
Seaside High School public 9-12 3.61 mi 6
Carmel Middle School public 6-8 3.66 mi 7
Martin Luther King School public K-6 3.70 mi 5
Monterey Peninsula Unified School District Community Day public 9-12 3.86 mi N/A
Monterey Peninsula Unified School District Community Day Middle public 6-8 3.86 mi N/A
Central Coast High School public 9-12 3.86 mi 1
Ord Terrace Elementary School public K-6 3.94 mi 3

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of April 06, 2026. For the most current information, please contact Peter Baird, (831) 646-1919.