828 Lighthouse Avenue 828 Lighthouse Avenue Monterey, California 93940 United States
$1,299,000
- 3,040 Sq Ft.
- Interior
- 4,791.6 Acres
- Exterior
- Residential Income
- Property type
- 1964
- Year Built
- 1964
- Year Renovated
- ML81869915
- Web Id
- ML81869915
- Unique Reference Number
- 1,638
- days ago
About 828 Lighthouse Avenue
Owner Financing available for Commercial Listing in Monterey. Prime location on a high-exposure street, two blocks from Cannery Row, the Monterey Bay Aquarium and close to Fisherman's Wharf and Downtown Monterey & Pacific Grove. This site offers 3,100sf of retail warehouse space, has 6 off-street parking spaces, 16-18 foot ceiling heights and a large roll-up door. Tenant is month to month, but willing to stay and pay higher rent. Rents are below market. 3.4% Cap Rate at current rents. Upside opportunity for investor or developer. Owner Financing Terms 30% down, 4% interest only, amortized over 25 years due in 20. Please do not disturb tenants. Business is not for sale. Tenants wish to remain. Shown by appointment only.
Listing Courtesy of KW Coastal Estates
Listing Courtesy of KW Coastal Estates
PROPERTY INFORMATION
- Cooling
- No Air Conditioning
- Heating
- Forced Air
- Water
- Public
Listing Courtesy of KW Coastal Estates