Bought with Anthony G. Davi, Jr. • KW Coastal Estates
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482 Alvarado Street Monterey, CA 93940
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Key Details
Sold Price $2,450,000
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 12,061 sqft
Price per Sqft $203
MLS Listing ID ML81924244
Sold Date 04/30/25
HOA Y/N No
Year Built 1941
Lot Size 0.290 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
Property Description
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.
Location
State CA
County Monterey
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Building
Water Public
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