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$5,185
0.29 Acres Lot
UPDATED:
11/18/2024 02:31 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Rent
MLS Listing ID ML81977090
HOA Y/N No
Year Built 1969
Lot Size 0.287 Acres
Property Description
Location..Square footage..Interior amenities..Views and access to dowtown & freeway travel ! These are the ingredients to an exceptional multi-tenant office building ready for Owner-User purchase. Approved for Residential Conversion ! Long term tenants with long term leases occupy floors 1 & 2. Third floor is now available for additional tenants or owner use. Overlooking the magnificent Lake El Estero, this creation satisfies ambiance and investment requirements. Expansive covered parking for employees & clients and situated only minutes from the marvelous city of Monterey. Both 2d and 3rd floors have private decks and present the floor to ceiling windows designed to create an exceptional atmosphere. The full solar package has eliminated electrical expenses, benefitting the owner & ecology alike. The presence of 20+ total rooms give an enormous degree of flexibility in use and tenant preferences. Total of 6 full bathrooms plus kitchen areas are further highlights of this fabulous opportunity to both own and use this marvelous property as a springboard to your next productive financial adventure. An impressive cap rate and solid income generation history makes this a natural selection for your purchase agenda. 9406 is ONLY the leasable square footage with the addition of decks
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning R-3-6-AP
Interior
Heating Central, Radiant
Cooling Central Air
Fireplace No
Exterior
Utilities Available Other
Roof Type Tile
Total Parking Spaces 25
Building
Story 3
Water Public
Others
Tax ID 001846012000
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Listed by Mick Pfaff • Sotheby's International Realty