$2,650,000.00
For Sale | Prime Neighborhood Retail Center | Pacific Grove, CA
Mahoney & Associates is pleased to present to the market the opportunity to purchase a Class A retail property in Pacific Grove, CA. 1199 Forest Ave is currently comprised of four retail spaces and a rooftop lease to Verizon Wireless. Located on the hard corner of Forest and Prescott, the subject property is located in a strong trade area, amongst national Tenants such as Safeway and Trader Joes.
Details
Price
: $2,650,000.00
Cap Rate
: 5.01%
Address
: 1199 Forest Ave.
City
: Pacific Grove
State
: CA
Zip Code
: 93940
APN
: 006-726-008
Latitude
: 36.6053883
Longitude
: -121.9203521
Property Type
: Retail
Secondary Type
: Investment
Purpose
: Sell
Building Size
: ± 8,104 SF
Lot Size
: ±16,738 SF
Zoning
: C-FH
Property ID
: 3853
