590 Del Monte Avenue Monterey, CA 93940
Prime location corner lot close to Downtown Monterey, Fisherman's Wharf, Del Monte Beach and many more desirable amenities, this site offers 8, 400sf of flat usable space with a 1, 090sf newly renovated building. Currently occupied by a dental office. Tenant has a three-year lease with an option for five more at market rate. Rents are below market due to a massive $300, 000 remodel performed by the current tenant, including new sewer lateral, plumbing, electrical, roof, etc. Tenant willing to renegotiate lease terms. Upside opportunity for investor or developer. Property is also zoned for high density multi-family. Keep tenant in place and generate cash flow while you develop your plans. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only
- Property TypeLand
- NeighborhoodN/A
- CountyMonterey
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site47 Days
- MLS StatusPending
- MLS ID NumberML81869824
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.19 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 590 Del Monte Avenue Monterey, CA 93940
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| 2 months ago |
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General Features
- Acreage 0.19
- Zoning PC-Planned Community
- Listing Conditions Standard
Exterior Features
- Fencing None
- Lot GreenbeltLawnBack YardLevelPastureLevel with StreetPark NearbyPatio Home
Community Features
- MLS Area 699 - Not Defined