Listing provided courtesy of Young Seon Myong of Sotheby's International Realty. Last updated 2025-01-02 09:24:51.000000. Listing information © 2024 CLAW.
Asking Price: $2,900,000
482 Alvarado, Monterey CA 93940
Community: 699 - Not Defined
This property was built in 1941 and is priced at $2,900,000. Please see the additional details below.
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.