9701 Blue Larkspur Ln - Office FOR SALE


Monterey, CA 93940
$3,150,000 USD
831-275-0129
9701 Blue Larkspur Ln, Monterey, CA for Sale
$3,150,000 USD
Office - FOR SALE
1/20
null | Request Cap Rate

9701 Blue Larkspur Ln
Monterey, CA 93940


HIGHLIGHTS

  • Office with Secured Garage/Warehouse Space
  • Power: 1200 amps, three-phase
  • Roll Up Doors: Two (2) Grade Level Overhead Doors
  • Ceiling Height 8’-15’ in Offices, 8’ in Shop
  • Fire Protection: Alarm and Sprinklers

OVERVIEW

Mahoney & Associates is pleased to present to the market for Sale 9701 Blue Larkspur Ln. Monterey. This is a well-maintained ± 12,290 SF office building with two below grade roll-up doors which provide access to a lower level secured ± 5,057 SF parking garage/warehouse space located in the beautiful Laguna Seca Office Park and conveniently situated off Hwy 68 via York Rd. The subject property will be delivered roughly 90% vacant at the close of escrow. The building benefits from a large ± 38,768 SF lot with three separate dedicated parking areas providing a total of 29 dedicated spaces making room for a company with a large fleet of vehicles or staff. ± 840 SF of the office space on the main level is currently leased to an engineering firm and will remain after the close of escrow. A new roof was installed in 2023 along with other cosmetic upgrades. The ± 7,238 SF of office space is mostly comprised of an open floor plan allows for customization, with ample room for a wide variety of layouts and is currently set up with a large open laboratory space in the middle with a reception area, admin area, conference room, and seven individual offices around the perimeter. The lower level of ± 5,057 SF parking garage/warehouse space has parking for eight vehicles and has multiple file storage rooms. Being situated in unincorporated Monterey County, the VO/B-6-UR-D-S zoning code applies to potential uses. Located adjacent one of Monterey County’s main thoroughfares of Hwy 68, this property enjoys significant exposure and ease of access from both Salinas and the Monterey Peninsula.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

VO/B-6-UR-D-S

APN/PARCEL ID

173-121-009-000

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.