883 Lighthouse Ave - Retail FOR SALE


Monterey, CA 93940- New Monterey
$1,500,000 USD
831-594-3290
883 Lighthouse Ave, Monterey, CA for Sale
$1,500,000 USD
Retail - FOR SALE
1/50
null | 4.69% Cap Rate

NEW


883 Lighthouse Ave
Monterey, CA 93940
New Monterey


OVERVIEW

Very unique opportunity to own a freestanding mixed-use property in the heart of Monterey. This charming 1930s-era building features a ground-level commercial component with a retail storefront and hair salon, along with two residential apartments. Above the main building is a spacious two-bedroom, one-bath apartment, while the rear of the property offers a large, detached one-bedroom, one-bath apartment, providing excellent flexibility for owner-users or investors. Owned by the current seller since the 1990s, the property reflects decades of pride of ownership and character. Ideally located just a couple of blocks from the Monterey Bay Aquarium, adjacent to Starbucks, and within the heart of the revitalized Lighthouse Avenue business district, this is a rare chance to own a true piece of Monterey. Co-listed with Debra Buonaguidi, DRE# 01905625 (831) 917-1979

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

4.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

001-074-002-000

ASK ABOUT THIS PROPERTY

Jeff DaviKW Coastal EstatesMore Info
831-594-3290

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Jeff DaviKW Coastal EstatesMore Info
831-594-3290

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