$2,100,000

Multi-Unit Commercial Complex

Mahoney & Associates is pleased to present to the market 2240-2252 N. Fremont St., in Monterey, CA. The property consists of three buildings totaling +/-7,120 SF with great visibility on a prominent thoroughfare in Monterey. Located along the North Fremont Corridor, the property provides a unique opportunity to acquire approximately 120 feet of frontage and conveniently located near Highway 1, Highway 68, and Highway 218 (Canyon del Rey Blvd). The property is bordered by an alley to the rear of the building, offering additional flexibility. Additionally, this property is located within the North Fremont Specific Plan with long-term visions of mixed-use redevelopment. Three of the four units have long-standing leases, and the fourth provides a unique owner-occupied opportunity.

Property Highlights:

• Property falls within North Fremont Specific Plan
• Desirable frontage, with an estimated 25,000 ADT
• Access to both N. Fremont St. as well as Bruce Ln.

 

 

Details

Price : $2,100,000
Address : 2240-2252 N Fremont St
City : Monterey
State : CA
Zip Code : 93940
APN : 013-171-016
Property Type : Mixed-Use
Secondary Type : Retail
Purpose : Sell
Building Size : 7120
Lot Size : 20424
Zoning : PC-NF Mixed Use
Property ID : 10862

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Peter Baird
DRE#00533485

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