661-665 Lighthouse Ave, Pacific Grove - Storefront Retail/Office FOR SALE


Pacific Grove, CA 93950
$2,150,000 USD
831-277-2782
661-665 Lighthouse Ave, Pacific Grove, Pacific Grove, CA for Sale
$2,150,000 USD
Storefront Retail/Office - FOR SALE
1/1
null | 2.7% Cap Rate

661-665 Lighthouse Ave, Pacific Grove
Pacific Grove, CA 93950


HIGHLIGHTS

  • Heavy Daytime Foot Traffic
  • Recently Replaced 2nd Level Decking

OVERVIEW

Positioned in the heart of downtown Pacific Grove, the Bain Building presents a rare opportunity to acquire a fully occupied, mixed-use office investment in one of the Monterey Peninsula’s most sought-after commercial corridors. The property consists of approximately 5,100± square feet across two stories and is currently 100% occupied with a diverse mix of tenants, providing stable in-place income from day one. Most leases are structured on a modified gross basis, allowing for a balance of landlord control and expense recovery while maintaining tenant appeal. Tenants benefit from strong foot traffic, excellent visibility along Lighthouse Avenue, and close proximity to downtown amenities, restaurants, and coastal attractions—making this a highly desirable location for small business operators and professional users alike.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

2.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bain Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Light Commercial

APN/PARCEL ID

006-291-002-000

ASK ABOUT THIS PROPERTY

Bill BluhmSotheby's International RealtyMore Info
831-277-2782

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Bill BluhmSotheby's International RealtyMore Info
831-277-2782

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