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2 NW of 8th, Carmel, CA 93923

Commercial property

 2 NW of 8th, Carmel, CA 93923 Sold September 2024 CRMLS
$6,500,000Sold September 2024

Listing Agent: Patrick Stafford (DRE #01857243) · Listing Office: Baird Partnership, Inc. · Contact: 831-646-1919 · Bought with: Alessia Ucelli · Monterey Coast Realty · MLS #ML81972268 · Source: CRMLS

8,718
Building Sq Ft
8,000 sqft
Lot Size
1977
Year Built
RC
Zoning
Commercial property
Type

About this commercial property

Located two blocks from the world famous Ocean Avenue, this mixed-use property has recently undergone a large rennovation. A portion of the second floor has been converted to a 2-bedroom / 2.5-bath luxory residential unit. There are three commercial tenants currently in the building. The City of Carmel Planning office has approved 1-3 additional units for the vacant space in the rear of the building. The one vacant street-fronting retiail space has group 3 water credits. A condo map is possible for the commercial and residential units. Property includes 0.75 acre feet of water from the Malpaso Water Company. The Seller is interested in leasing-back the existing residential unit.

Listing description from the September 2024 sale, as reported to CRMLS.

Sale history

$6,500,000
Sold September 2024 · listed $7,400,000, on market July 2024 · MLS #ML81972268 · Source: CRMLS
Listing Agent: Patrick Stafford · Listing Office: Baird Partnership, Inc. · Contact: 831-646-1919 · Bought with: Alessia Ucelli · Monterey Coast Realty
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