2240-2252 N Fremont St - Storefront Retail/Office FOR SALE


Monterey, CA 93940- Casanova Oak Knoll
$2,100,000 USD
831-646-1919
2240-2252 N Fremont St, Monterey, CA for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/17
null | Request Cap Rate

2240-2252 N Fremont St
Monterey, CA 93940
Casanova Oak Knoll


HIGHLIGHTS

  • Property falls within North Fremont Specific Plan
  • Desirable frontage, with an estimated 25,000 ADT
  • Access to both N. Fremont St. as well as Bruce Ln

OVERVIEW

Mahoney & Associates is pleased to present to the market 2240-2252 N. Fremont St., in Monterey, CA. The property consists of three buildings totaling +/-7,120 SF with great visibility on a prominent thoroughfare in Monterey. Located along the North Fremont Corridor, the property provides a unique opportunity to acquire approximately 120 feet of frontage and conveniently located near Highway 1, Highway 68, and Highway 218 (Canyon Del Rey Blvd). The property is bordered by an alley to the rear of the building, offering additional flexibility. Additionally, this property is located within the North Fremont Specific Plan with long-term visions of mixed-use redevelopment. Three of the four units have long-standing leases, and the fourth provides a unique owner-occupied opportunity.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

-

APN/PARCEL ID

013-171-016-000

ASK ABOUT THIS PROPERTY

Peter BairdMahoney & AssociatesMore Info
831-646-1919

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Peter BairdMahoney & AssociatesMore Info
831-646-1919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.