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Off Market
1/16

Dolores & 7th
Carmel, CA 93921


HIGHLIGHTS

  • One of Carmel's most travelled intersections with high visibility and home to one of the top dining destinations.
  • Potential for additional free-standing building.
  • Lease terms with a minimum rent guarantee and highly flexible terms at change of ownership.
  • Two parcels of prime real estate in the heart of the thriving Carmel-by-the-Sea business district.

OVERVIEW

Sited at perhaps one of Carmel's most popular intersections, Dolores & 7th, this landmark building has a commanding presence on the corner with its remarkable architecture and enormous 8,000 SF parcel. Extensively renovated, remodeled and enhanced the building is home to one of the most exciting restaurant destinations in Carmel; Seventh & Dolores Steak House. Featuring modern, crisp and clean design materials and finishes the property consists of a main restaurant building on an 80x100 area of the parcel with 100 seats of indoor/outdoor seating. There is an upstairs office area and developed and usable basement area. Great combination of pride of ownership and rate of return.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Dolores & 7th

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

5689

STORIES

2

YEAR BUILT

1972

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

010-145-022-000