590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE
590 Del Monte AVE

590 Del Monte AVE

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.

Features & Amenities

Exterior

Garage Space 0
Water Source Public
Utilities Public Utilities
ROOF Composition
Parking Parking Area, Uncovered Parking
Heat Type Forced Air
Air Conditioning None
Sewer Sewer - Public
Substructure Concrete Perimeter
Security Features Other

Area & Lot

Status Sold
LOT SIZE 0.193 Acres
MLS ID ML81867652
Type COMMERCIAL
Year Built 2003
View Description Public Utilities

Financial

SALES PRICE $925,000
Zoning PC-planned commmunity

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