1157 Forest Ave - Freestanding FOR SALE


Pacific Grove, CA 93950
$2,988,889 USD
831-601-3284
1157 Forest Ave, Pacific Grove, CA for Sale
$2,988,889 USD
Freestanding - FOR SALE
1/23
null | 6.8% Cap Rate

1157 Forest Ave
Pacific Grove, CA 93950


OVERVIEW

Investment opportunity 6 Retail Tenants with 2 apartments Potential to convert 2 back spaces to 5 more apartments and retain the best retail. Across from Trader Joe's., units would have amazing ocean views if you go up a story off Street parking excellent long-term tenants the three main retail are over 20 years

FOR SALE DETAILS

PRICE

$2,988,889 USD

PRICE/SF

$383 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Retail Commercial

APN/PARCEL ID

006-713-023-000

ASK ABOUT THIS PROPERTY

Anthony DaviA.G. Davi Property ManagementMore Info
831-601-3284

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Anthony DaviA.G. Davi Property ManagementMore Info
831-601-3284

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