$7,400,000.00

For Sale | Commercial / Residential Building in Carmel-By-The-Sea

Mahoney & Associates is pleased to offer for sale The San Carlos Professional Building. Located two blocks from the world famous Ocean Avenue, the property has recently undergone a large renovation. A portion of the second floor has been converted to a 2-bedroom / 2.5-bath luxury residential unit. There are three commercial tenants currently in the building. The City of Carmel Planning office has approved 1-3 additional units for the vacant space in the rear of the building. The one vacant street-fronting retail space has group 3 water credits. A condo map is possible for the commercial and residential units. Property includes 0.75 acre feet of water from the Malpaso Water Company. The Seller is interested in leasing-back the existing residential unit.

Details

Price : $7,400,000.00
Address : San Carlos 2 NW of 8th Avenue
City : Carmel-By-The-Sea
State : CA
Zip Code : 93921
APN : 010-145-021
Property Type : Owner/User
Secondary Type : Residential
Purpose : Sell
Building Size : ± 8,555 SF (includes ± 1,472 SF basement)
Lot Size : ± 8,000 SF
Zoning : RC - Residential and Limited Commercial
Property ID : 7174

Attachments

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Patrick Stafford
DRE #01857243
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Josh Jones
DRE#01352818
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Ryan Edwards
DRE #01403313
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CONTACT US

Phone: (831) 646-1919
Fax: (831) 646-1115
Email Us: [email protected]

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