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Key Details
Sold Price $5,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81953075
Sold Date 09/27/24
HOA Y/N No
Year Built 1980
Annual Tax Amount $13,690
Lot Size 7,880 Sqft
Property Description
Located in the heart of world-famous Carmel-by-the-Sea, this rare mixed-use investment opportunity includes 10 retail spaces and 3 apartments in a highly desirable area of downtown. With established local businesses in place, such as Stationaery and Malbon Golf, the property offers immediate income and future potential. Just one block from Ocean Avenue and walking distance to Carmel Beach, San Carlos Square enjoys consistent foot traffic year-round. With Big Sur to the South and all the wonderful amenities The Monterey Peninsula has to offer, this is an outstanding investment opportunity in one of the most beautiful areas on earth.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning CC
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Building
Story 2
Water Public
Others
Tax ID 010132010000
Financing Cash
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Bought with Tim Allen • Coldwell Banker Realty
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935