482 Alvarado ST, MONTEREY CA, 93940

Active

482 Alvarado ST

MONTEREY CA, 93940

$2,900,000

$240.44 per sqft

Active

12,061 sqft

Commercial

Built in 1941

Listed by Sotheby's International Realty, Young Seon Myong, Listing Contact: 8312384075

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.

ML81924244

MLSⓇ ID

April 11, 2023

Listed

December 10, 2024

Updated

Map

482 Alvarado ST
MONTEREY CA, 93940

Interior Features

Total Stories: 1
Interior Features: Elevator
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 0.29 Acres
Roof: Tile
Sewer: Public Sewer

Other Property Details

Area Name: Downtown/Fisherman Wharf
Garage: No
Parking: No Garage, Off Street
Parking Total: 8
View: No
County: Monterey
Water Source: Public
Pool: No
Zoning: C-2

Listing History

Date	Event	Price
12/10/2024	Price change	$2,900,000 3%

Listed by Sotheby's International Realty, Young Seon Myong,
Listing Contact: 8312384075

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Data last updated 6:11 PM UTC, 12/10/2024