590 Del Monte Avenue
Monterey, CA 93940
- – beds
- – baths
- – sqft
- 8,400 sqft lot
- – on site
Prime location corner lot close to Downtown Monterey, Fisherman's Wharf, Del Monte Beach and many more desirable amenities, this site offers 8, 400sf of flat usable space with a 1, 090sf newly renovated building. Currently occupied by a dental office. Tenant has a three-year lease with an option for five more at market rate. Rents are below market due to a massive $300,000 remodel performed by the current tenant, including new sewer lateral, plumbing, electrical, roof, etc. Tenant willing to renegotiate lease terms. Upside opportunity for investor or developer. Property is also zoned for high density multi-family. Keep tenant in place and generate cash flow while you develop your plans. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only
Last checked:
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Last updated Apr 23, 2023
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MLS# ML81869824 —
Location
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Latitude:36.59983000
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Longitude:-121.88910900
The Property
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Property Type:Land
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Zoning:PC-Planned Community
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Lot Features:Greenbelt, Lawn, Back Yard, Level, Pasture, Level with Street, Park Nearby, Patio Home
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Lot Size Area:8400.0000
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Lot Size Acres:0.1900
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Lot Size SqFt:8400.00
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Lot Size Source:GIS Calculated
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Fencing:None
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Fence:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:001-704-005-000
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/8/22
Feb 8, 2022
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Pending | CRMLS_CA | $999,000 | |
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1/31/22
Jan 31, 2022
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Sold Subject To Contingencies | CRMLS_CA | $999,000 | |
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1/24/22
Jan 24, 2022
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Price Changed | CRMLS_CA | $999,000 | -9.1% |
