529 Central, Pacific Grove, CA 93950
Commercial property
Sold April 2024
Listing Agent: Patrick Stafford (DRE #01857243) · Listing Office: Baird Partnership, Inc. · Contact: 831-646-1919 · Bought with: Patrick Stafford · Baird Partnership, Inc. · MLS #ML81955101 · Source: CRMLS
About this commercial property
Located directly across the street from the 101 guest room Kimpton Hotel development and one block from the ocean, 529 Central is a two-story ± 14,321 SF commercial building. There is currently only one tenant in the building, occupying approximately 2,510 sf on the ground floor. The remainder of the building is vacant and in primarily shell condition, due to fire damage in the building. The property benefits from ocean views on the second floor and historical group 2 water credits that could be used for a coffee shop, deli, or commercial kitchen use. There are plans by RRM Design Group out of San Luis Obispo for a 6-unit residential partial conversion (two units in a portion of the ground floor, and four units on the entirety of the second floor).
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history