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482 Alvarado St

Monterey, CA 93940
  • $2,900,000
  • STATUS: Active Under Contract
  • ON SITE: 677 Days
  • ID#: ML81924244
Under Contract
UPDATED: 34 min ago
$2,900,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,826
    SQFT
  • $295
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1943
County:

School Ratings & Info

Listing provided courtesy of Young Seon Myong of Sotheby's International Realty: 831-238-4075.

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.

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© 2025 MLSListings Inc. Based on information from MLSListings MLS as of 2025-02-17T21:57:49.29. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California, Inc.

Licensed in the State of California.
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482 Alvarado St Monterey, CA 93940

  • Price: $2,900,000
  • Status: Active Under Contract
  • On Site: 677 Days
  • Updated: 34 min ago
  • ID#: ML81924244
0
Beds
0
Baths
0
½ Baths
0.29
Acres
9,826
SQFT
$295
$/SQFT
1943
Built
Neighborhood:
Downtown/Fisherman Wharf
County:
Monterey
Area:
Downtown/Fisherman Wharf
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.
Exterior Features

Foundation Concrete Slab Garage Parking No GarageOff-Street Parking Number Of Buildings 1 Roof Flat / Low PitchFoamPolyurethaneTile Sq Ft Yard 1

Interior Features

Cooling Other Heating Forced Air Sq Ft Warehouse 0 Structure Sq Ft 12061

Property Features

Accessibility Features Elevator / LiftParkingWheelchair Access Additional Listing Info Not Applicable Business Type Other City Limits Yes City Name MONTEREY Community Name Galerie Monterey Facilities Conference/Meeting RoomJanitorialRestroom(s)Restrooms-PrivateSignage Incorporated No Lot Size Area Maximum 12632.00 Meters Master Gas Number Tenants 8 Present Use Commercial Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Status Qualifier Release Clause Present Utilities Public Utilities Water Public Zoning C-2

Listing provided courtesy of Young Seon Myong of Sotheby's International Realty: 831-238-4075.



© 2025 MLSListings Inc. Based on information from MLSListings MLS as of 2025-02-17T21:57:49.29. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California, Inc.

Licensed in the State of California.
Website powered by BoomTown.
 
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eXp Realty of California, Inc
6203 San Ignacio Avenue, Suite 110
San Jose CA, 95119

Listing provided courtesy of Young Seon Myong of Sotheby's International Realty: 831-238-4075.