$1,595,000
FOR SALEActive595 Figueroa Street
Monterey CA 93940
3,453
SF
Commercial
Type
1982
Built
$462/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Rare opportunity to own a versatile two-story commercial property in a prime Monterey location with exceptional investment and redevelopment potential. Offering approx. 3,456 sq. ft., the building features multiple offices, 4 bathrooms, 5 separate entrances, and two sets of stairs at opposite ends providing excellent flexibility for separate access to each level. Situated on a corner lot with parking for 8+ vehicles and peeks of the Monterey Bay. Just a short 7-minute walk to Del Monte Beach and conveniently located near Downtown Monterey, Lake El Estero, restaurants, banks, schools, and more. The property offers unique potential for multiple uses, including full residential conversion or a mixed-use configuration with retail downstairs and residential upstairs, subject to City approval and applicable regulations. Plans are currently being pursued with the City for 3 residential units2 upstairs and 1 downstairs. A unique Monterey property with location, flexibility, and exciting possibilities for its next owner.
Property Information
Property Overview
Commercial
Property Type
Active
Status
PC-D-ES
Zoning
0.1071 acres
Lot Size
3,453 SF
Square Footage
$461.92/SF
Price per SF
$9,713
Annual Tax
1,982
Year Built
2
Stories
4
Parking Total
1.16
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.
CRMLS
MLS# ML82063709
Listed:
Nalren refreshed:
Last updated
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Listed by: Real Brokerage Technologies
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Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.