400 W Franklin St - Churches FOR SALE


Monterey, CA 93940- Old Town
$1,725,000 USD
805-305-0966
400 W Franklin St, Monterey, CA for Sale
$1,725,000 USD
Churches - FOR SALE
1/8
null | Request Cap Rate

400 W Franklin St
Monterey, CA 93940
Old Town


HIGHLIGHTS

  • Historic Church Building
  • Event-Ready Space
  • Next to Two Major Hotels
  • Downtown Monterey Location
  • Flexible Interior Layout
  • Onsite Parking

OVERVIEW

400 W Franklin Street has served as a church for many years, offering generous interior volume, an open gathering space, and a distinctive architectural presence. Its existing configuration lends itself naturally to continued use as a worship facility, as well as conversion to an event venue, community hall, or any use requiring a large, flexible interior environment. Positioned just steps from two major hotels in downtown Monterey, the property is uniquely situated to capture visitor demand for gatherings, performances, meetings, celebrations, and specialty programming, This proximity to consistent hospitality traffic provides an attractive opportunity for operators seeking to host events or provide non-lodging visitor-serving functions. In addition to its congregational history, the building’s scale, acoustics, and structural layout support a wide range of creative reuses, making it equally compelling to owner-users and investors seeking adaptable, high-capacity space in a supply-constrained market. 400 W Franklin Street presents a well-located commercial asset in the heart of Monterey and proximity to key demand drivers. Positioned just minutes from downtown Monterey, Cannery Row, and major transportation routes, the property provides strong visibility and access within one of the Peninsula’s most desirable coastal markets. The building features efficient floor layouts, professional office configurations, and the ability to support a wide range of commercial or service-oriented tenants. With continued demand for small to-mid-sized office and specialty space in Monterey, this property represents a compelling opportunity for both owner-users and investors.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,619 SF

ZONING

-

APN/PARCEL ID

001-383-009-000

ASK ABOUT THIS PROPERTY

David BairdMahoney & AssociatesMore Info
805-305-0966

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David BairdMahoney & AssociatesMore Info
805-305-0966

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