1015 Cass St - Office/Residential FOR SALE


Monterey, CA 93940
$1,599,999 USD
831-238-3592
1015 Cass St, Monterey, CA for Sale
$1,599,999 USD
Office/Residential - FOR SALE
1/11
null | Request Cap Rate

1015 Cass St
Monterey, CA 93940


HIGHLIGHTS

  • Vacant and Ready for Commercial/Office User to Occupy
  • City of Monterey Planning Approval for Seven Residential Apartment Units
  • Currently Configured as 14 Office Units

OVERVIEW

Located in the heart of the downtown Monterey’s medical district, the property is currently vacant and is well suited for an owner/user or redevelopment. Currently configured as 14 separate office spaces, the sale of the property includes City of Monterey planning approval to convert the existing buildings to seven (7) residential apartment units. The building plans have been created and are in the process of being approved by the City of Monterey Building Department.

FOR SALE DETAILS

PRICE

$1,599,999 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

CO-ES

APN/PARCEL ID

001-671-034-000

ASK ABOUT THIS PROPERTY

Patrick StaffordMahoney & AssociatesMore Info
831-238-3592

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Patrick StaffordMahoney & AssociatesMore Info
831-238-3592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.