1020 Auto Center Pky - Auto Dealership FOR SALE


Seaside, CA 93955
$3,750,000 USD
831-275-0129
1020 Auto Center Pky, Seaside, CA for Sale
$3,750,000 USD
Auto Dealership - FOR SALE
1/16
null | Request Cap Rate

1020 Auto Center Pky
Seaside, CA 93955


HIGHLIGHTS

  • Ceiling Height: 8’ in Offices, 14.5’ in Showroom, 22’ in Storage
  • Roll Up Doors: Three (3) Grade Level Overhead Doors
  • Fire Protection: Alarm, No Sprinklers

OVERVIEW

Mahoney & Associates is pleased to present to the market for sale 1020 Auto Center Pkwy Seaside. This is an approximately 15,695 SF retail space with 3 roll-up doors at Monterey Peninsula Power Sports’ former location, boasting high visibility on Del Monte Blvd, a main thoroughfare. This versatile building offers excellent visibility located directly across from Tesla and an expansive layout ideal for various commercial uses. The property was recently upzoned to CRG: Regional Commercial which allows for a host of retail-related uses. Positioned in a bustling area with Costco Wholesale and Gas, Marshalls, Ashley Furniture, Home Goods, Target, Lucky, Ross, Chipotle, Jamba Juice and more all located in the immediate vicinity with convenient access. The subject property offers an excellent investment for businesses seeking growth potential in a high-traffic location. ZONING: The City of Seaside is in the process of approving a new Seaside General Plan. In 2024, the City approved an upzone of the subject property to Regional Commercial (CRG) in anticipation of zoning changes the new General Plan will bring. The CRG Zoning allows for a wide variety of uses, either principally permitted or with a use permit, such as retail, office recreation/education/public assembly, cannabis retail, auto vehicle rentals, auto parts sales, restaurant/bar, big box retail, building/landscape materials sales (indoor) convenience/liquor store, drug store, equipment rental (indoor), furniture store, grocery store, service station, wine tasting, bank, medical services (clinic/urgent care laboratory), daycare, lodging, and vehicle services (minor maintenance/repair). According the City of Seaside, once the general plan is approved, the subject’s zoning code will be changing to Employment District. According to the Seaside General Plan, Employment District (EMP) consists of a range of employment and commercial uses to expand and diversify the City’s economy. The primary allowed uses are office, R&D, light industrial, small manufacturing, hotel/lodging, live-work, neighborhood retail and regional retail. The secondary allowed land uses are auto sales/service and entertainment.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

CA

APN/PARCEL ID

011-523-021-000

ASK ABOUT THIS PROPERTY

James KendallMahoney & AssociatesMore Info
831-275-0129

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James KendallMahoney & AssociatesMore Info
831-275-0129

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