525 Lighthouse Ave - Specialty FOR SALE


Pacific Grove, CA 93950- Outer Monterey
$3,500,000 USD
831-646-1919
525 Lighthouse Ave, Pacific Grove, CA for Sale
$3,500,000 USD
Specialty - FOR SALE
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null | Request Cap Rate

525 Lighthouse Ave
Pacific Grove, CA 93950
Outer Monterey


HIGHLIGHTS

  • Four Screen Cinema
  • One Residential Apartment Use

OVERVIEW

Mahoney & Associates is pleased to present to the market the opportunity to purchase 525 Lighthouse Ave in downtown Pacific Grove. For over 35 years the property has been operated as a theater, the Lighthouse Cinema. The property consists of four screening theaters, a 3-bedroom one bath apartment, and a restroom/concession area. Adjacent to the rear of the theater property is an approximately 150 parking space parking lot owned by the City of Pacific Grove, there is no off-street parking associated with the subject property.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,460 SF

ZONING

C-D

APN/PARCEL ID

006-284-001-000,006-284-002-000

ASK ABOUT THIS PROPERTY

Josh JonesMahoney & AssociatesMore Info
831-646-1919

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Josh JonesMahoney & AssociatesMore Info
831-646-1919

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