499 Alvarado St, Monterey, CA

Real Estate

Sold

$--,---,---

$2,700,000

0010

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $1

Approx. Age 1951

MLS® Number ML81953114

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Rare Landmark freestanding building in the heart of downtown Monterey with pull up parking which is very rare in Downtown Monterey. 7873 SF of Retail and office. Seller will consider financing with 20% down and approved financials. Steps to Trader Joes and Fisherman's Wharf, surrounded by 1500 Hotel Rooms and across the street from the Monterey Public Transport hub making it easily accessible by visitors and public transportation. Boasting a walk score of 90 and bike score of 80. After 40 years as the local pharmacy destination the building is vacant - perfect for a single tenant or split the ground floor for 2 retail users and use the existing water credits for apartment on the second floor. Proforma rents as a single tenant result in a 5% CapShow Description

MLS® NumberML81953114

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1951

Stories2

Pets