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482 Alvarado St Monterey, CA, 93940
$2,790,000 $198,900 Commercial for sale Comm Ind For Sale
The subject property located in heart of Monterey Downtown and contains a commercial building with of retail and office spaces. This building has a two major entrances, one on Alvarado & Calle Principal, it also has an elevator and two large bathrooms. Most of tenants has been long-term. It also has private parking area on Calle Principal Street. These lease are gross Lease, owner pays all expenses, ablout 75% are occupied. Potenita for a apartment or condo development opportunity on Calle Principal Street part, may request more detail through City of Monterey.
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Property details
12,061 sqft interior area
Land area
12,632 sqft (0.29 acres)
Days on Verhouse
384
Address
482 Alvarado St, Monterey, CA, 93940
City of California
Monterey
County
Monterey
Year Built
1941
District
Listing
Virtual Tour
Nearby major retailers
Costco
Trader Joe's
Whole Foods Market
Safeway
Wholesale: 1
Supermarket: 4
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Listed by
Young Seon Myong, Sotheby's International Realty
Name
Young Seon Myong
License number
01004504
Brokerage company
Sotheby's International Realty
MLS #
ML81924244
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Calculate your monthly payments
Mortgage
$8,566
Taxes
$0
HOA dues
$0
Mortgage
$558,000 / 20%
2.28%
30 years
Your amount
$8,566 / month
Lot details
TMK #001572003000
Parcel nr.
001572003000
93940 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
—
no data
High school
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no data
Local airport
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no data
People living in 93940
35%
Families with children
National average: 39%
42%
Non family households
103,580
Population
$128,659
Average Income
Age & gender
Median age 48 years
More info
Commute types
76% commute by car
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Education level
26% have bachelor education
More info
Number of employees
5% work in education and healthcare
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Vehicles available
40% have 2 vehicle
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Vehicles by gender
40% have 2 vehicle
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Housing market insights for
$1.46m
Neighborhood average
sales price*
sales price*
$1.21m
Neighborhood median
sales price*
sales price*
195
Number
of sales*
of sales*
Housing type
59% are single detacheds
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Rooms
36% of the houses have 4 or 5 rooms
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Bedrooms
63% have 2 or 3 bedrooms
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Owners vs Renters
54% are owners
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13.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Jun 16, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jun 16, 2023 | Price Decrease | $2,790,000 -6.65% | 0 | MLS #ML81924244 |
| Apr 11, 2023 | New Listing | $2,988,900 | 0 | MLS #ML81924244 |
Taxes of 482 Alvarado St, Monterey, CA, 93940
C-2 zoning / MLS #ML81924244
Zoning
C-2
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Frequently Asked Questions about 482 Alvarado St
What is 482 Alvarado St?
482 Alvarado St is a Commercial/Industrial propertywith 12,061 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
482 Alvarado St, Monterey, CA, 93940.
What comparable properties are nearby?
Comparable nearby commercial properties include 486 Alvarado St, 499 Alvarado St, 660 Camino Aguajito, 761-767 Lighthouse Ave, 805 Broadway Ave, 1082 Broadway Ave.
Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 10, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Trader Joe's, 0.12 miles away and Whole Foods Market, 1.06 miles away.
The 93940 zip area has a population of 103,580, and 35% of the families have children. The median age is 48.29 years and 76% commute by car. The most popular housing type is "single detached" and 54% is owner.
