991 Cass St - Medical FOR SALE


Monterey, CA 93940- Monterey Vista
$1,295,000 USD
831-233-2196
991 Cass St, Monterey, CA for Sale
$1,295,000 USD
Medical - FOR SALE
1/6
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991 Cass St
Monterey, CA 93940
Monterey Vista


OVERVIEW

Mahoney & Associates is pleased to present to the market a ±3,444 SF medical and professional office building for sale on Cass Street near downtown Monterey. The subject property consists of 3 units: 991 Cass Street is leased to a medical tenant with a lease expiration of April 2027; 993 Cass Street is vacant; and 995 Cass Street is leased to a wellness spa with a lease expiration of June 2026. The property has a well maintained parking lot with 18 spaces (ratio of 5 per 1,000 square feet).

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$725 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner/User Multi-Tenant Investment Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-2

APN/PARCEL ID

001-671-008-000,001-671-028-000

ASK ABOUT THIS PROPERTY

Josh JonesMahoney & AssociatesMore Info
831-233-2196

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Josh JonesMahoney & AssociatesMore Info
831-233-2196

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