245 Washington St - Medical FOR SALE


Monterey, CA 93940
$2,500,000 USD
831-238-3592
245 Washington St, Monterey, CA for Sale
$2,500,000 USD
Medical - FOR SALE
1/12
null | Request Cap Rate

245 Washington St
Monterey, CA 93940


HIGHLIGHTS

  • Close to Monterey Wharf and downtown Monterey
  • Great street visibility with high traffic
  • 11 On-site parking spaces, plus a large city parking lot nearby
  • Adjacent to public transportation
  • Second floor suites each equipped with full bathrooms

OVERVIEW

Mahoney & Associates is pleased to offer for sale 245 Washington St. in Monterey. This two story, ±5,630 SF building will be delivered vacant, making it a great owner/user opportunity. Recent upgrades made to ground floor office units, and second floor is comprised of three separate office suites, each with their own full bathrooms. Property is currently zoned as Open Space and is not a part of the waterfront Master Plan. Current allowed use is for medical/office use as legal, nonconforming.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Open Space

APN/PARCEL ID

001-701-003-000

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.