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486 Alvarado St Monterey, CA, 93940
$3,800,000 $400,000 Commercial for sale Comm Ind For Sale
Rare opportunity to own well performing historic building at the start of main street w/ private parking.Many long term tenants. Tenants include Super Cuts & Pacific Valley Bank. Special historic property The former Home of CA GOVERNOR ALVARADO-A native of Monterey, Alvarado served as Governor of Mexican California from December 20, 1836 to December 20, 1842. Building was damaged in storm and repair work is under way, Offered for sale with the repairs to be completed before the close of escrow, Or may consider discount and Buyer to complete repairs after close. Building is 100% occupied with long term tenants, some may be below market.
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Property details
10,082 sqft interior area
Land area
15,246 sqft (0.35 acres)
Days on Verhouse
201
Address
486 Alvarado St, Monterey, CA, 93940
City of California
Monterey
County
Monterey
Year Built
1975
District
Listing
Nearby major retailers
Costco
Trader Joe's
Whole Foods Market
Safeway
Wholesale: 1
Supermarket: 4
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Interior Features
Other floors
Roof
Shingle
Floor Covering
Other
Garage & Parking
Common
Listed by
Monterey Peninsula Home Team, KW Coastal Estates
Name
Monterey Peninsula Home Team
License number
70000352
Brokerage company
KW Coastal Estates
MLS #
ML81944629
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Calculate your monthly payments
Mortgage
$11,667
Taxes
$0
HOA dues
$0
Mortgage
$760,000 / 20%
2.28%
30 years
Your amount
$11,667 / month
Lot details
TMK #001572019000
Parcel nr.
001572019000
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
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no data
Beach
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no data
Elementary school
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no data
Middle school
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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
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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*
196
Number
of sales*
of sales*
Housing type
60% 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 Feb 23, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 23, 2024 | Price Decrease | $3,800,000 -9.52% | 0 | MLS #ML81944629 |
| Oct 10, 2023 | New Listing | $4,200,000 | 0 | MLS #ML81944629 |
Taxes of 486 Alvarado St, Monterey, CA, 93940
Comm zoning / MLS #ML81944629
Zoning
Comm
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Frequently Asked Questions about 486 Alvarado St
What is 486 Alvarado St?
486 Alvarado St is a Commercial/Industrial propertywith 10,082 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
486 Alvarado St, Monterey, CA, 93940.
What comparable properties are nearby?
Comparable nearby commercial properties include 482 Alvarado St, 499 Alvarado St, 660 Camino Aguajito, 761-767 Lighthouse Ave, 539 Ramona Ave, 4386 Parker Flts.
Based on information from the bridgeMLS as of 04-27-2024. 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 11, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Trader Joe's, 0.12 miles away and Whole Foods Market, 1.05 miles away.
The 93940 zip area has a population of 103,580, and 35% of the families have children. The median age is 48.48 years and 76% commute by car. The most popular housing type is "single detached" and 54% is owner.
