$2,000,000.00

For Sale | Two Story Office/Retail Building | 301 Lighthouse Ave., Monterey, CA

Mahoney & Associates is pleased to offer for sale 301 Lighthouse Ave., in Monterey, California. The offering consists of a two-story, ± 4,716 SF office building with a bakery and 10 off-street parking spaces. The bakery tenant at the property has a current lease that expires July 31, 2025 with no more options to extend. The offering could be purchased as an investment or owner/user opportunity. 

PROPERTY HIGHLIGHTS

  • Beautiful pride of ownership

  • Fantastic location near Cannery Row and the Aquarium

  • Investment or Owner/User

  • Bakery rent is currently $1,688 per month, modified gross.  The rent increases each August 1st by 3%

  • There is enough water/extra water to convert the 2nd floor office space into 4 studio apartments

  • ADA lift from parking lot and ADA restrooms

  • Bay views from the second floor

  • City park directly across the street

  • Easy access to regional recreation trail, beach and Cannery Row from the Dickman Avenue walkway extension between Foam Street and Cannery Row

Details

Price : $2,000,000.00
Address : 301 Lighthouse Ave.
City : Monterey
State : CA
Zip Code : 93940
APN : 001-051-002
Property Type : Office
Secondary Type : Mixed-Use
Purpose : Sell
Building Size : ±4,716 SF
Lot Size : ±6,000 SF
Property ID : 5367

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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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