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499 Alvarado Street, MONTEREY, CA 93940
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$2,700,000
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Home Details for 499 Alvarado Street
Price
$2,700,000
Type
Commercial/Industrial
Year Build
1951
Sq. Ft.
7873
Lot Size
0.235
County
Monterey
Tax
$1
MLS®️ Listing#
ML81953114
On exitrealty.com
561 days
Listed By: KW Coastal Estates - 831-622-6200. Presented by: Monterey Peninsula Home Team
Property Description
Rare Landmark freestanding building in the heart of downtown Monterey with pull up parking which is very rare in Downtown Monterey. 7873 SF of Retail and office. Seller will consider financing with 20% down and approved financials. Steps to Trader Joes and Fisherman's Wharf, surrounded by 1500 Hotel Rooms and across the street from the Monterey Public Transport hub making it easily accessible by visitors and public transportation. Boasting a walk score of 90 and bike score of 80. After 40 years as the local pharmacy destination the building is vacant - perfect for a single tenant or split the ground floor for 2 retail users and use the existing water credits for apartment on the second floor. Proforma rents as a single tenant result in a 5% Cap
- Cooling Information
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- Forced Air
- Central
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- Off Street
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.Based on information from the MLSListings MLS. 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. Copyright 2025 MLSListings Inc. All rights reserved.
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Last Updated: 2025-08-15 01:30:11
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.
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$2,700,000
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.