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539 Ramona Ave, Monterey, CA, 93940
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539 Ramona Ave Monterey, CA, 93940

$4,500,000 Commercial for sale Comm Ind For Sale

First time on the market! This is a rare offering of this highly flexible 16,917 square foot commercial building just off Fremont St situated on a 29,691 square foot lot. This building is ideal for an owner/user and investors alike. Currently occupied by three tenants; however, one space is occupied by an owner and would offer possession immediately or shortly after COE. Originally constructed as 7-8 individual suites, this flexible building allows several interior suite configurations that can be utilized to create the ideal layout for various businesses or for investors. This well maintained building features a brand new PVC roof system, several tenant improvements, some individual utility metering, and a large on-site parking lot with 25 open parking stalls with a block-to-block connection from Ramona Ave to Hannon Ave.
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Property details

16,917 sqft interior area
Land area
29,691 sqft (0.68 acres)
Days on Verhouse
104
Address
539 Ramona Ave, Monterey, CA, 93940
City of California
Monterey
County
Monterey
Year Built
1969
District
Listing

Nearby major retailers

Costco
Trader Joe's
Whole Foods Market
Safeway
Wholesale: 1
Supermarket: 4
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Interior Features

Garage & Parking
Common

Listed by

Joe Piini, Piini Realty
Name
Joe Piini
License number
01889295
Brokerage company
Piini Realty
MLS #
ML81952650

Payment calculator

Calculate your monthly payments
Mortgage
$13,817
Taxes
$0
HOA dues
$0
$13,817 per month
Mortgage
$900,000 / 20%
2.28%
30 years
Your amount $13,817 / month

Lot details

TMK #013134045000
Parcel nr.
013134045000

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
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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

41%
Families with children
National average: 39%
42%
Non family households
79,955
Population
$119,515
Average Income

Age & gender

Median age 36 years
More info

Commute types

75% commute by car
More info

Education level

22% have bachelor education
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Number of employees

10% work in education and healthcare
More info

Vehicles available

40% have 2 vehicle
More info

Vehicles by gender

40% have 2 vehicle
More info

Housing market insights for

$1.05m
Neighborhood average
sales price*
$862.5k
Neighborhood median
sales price*
138
Number
of sales*

Housing type

54% are single detacheds
More info

Rooms

37% of the houses have 4 or 5 rooms
More info

Bedrooms

65% have 2 or 3 bedrooms
More info

Owners vs Renters

58% are renters
More info
7.33 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Jan 27, 2024
Date Event Price $/sqft Source
Jan 27, 2024 New Listing $4,500,000 0 MLS #ML81952650

Taxes of 539 Ramona Ave, Monterey, CA, 93940

C-2 zoning / MLS #ML81952650
Zoning
C-2

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Frequently Asked Questions about 539 Ramona Ave

What is 539 Ramona Ave?

539 Ramona Ave is a Commercial/Industrial propertywith 16,917 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

539 Ramona Ave, Monterey, CA, 93940.

What comparable properties are nearby?

Comparable nearby commercial properties include 1249 Josselyn Canyon Rd, 660 Camino Aguajito, 245 Washington St, 499 Alvarado St, 482 Alvarado St, 486 Alvarado St.

Based on information from the bridgeMLS as of 05-10-2024. 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 29, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Safeway 2841, 0.34 miles away and Smart & Final, 0.74 miles away.
The 93940 zip area has a population of 79,955, and 41% of the families have children. The median age is 36.95 years and 75% commute by car. The most popular housing type is "single detached" and 58% is renter.
Commercial For sale $4.5m 539 Ramona Ave, Monterey, CA, 93940 Save House Remove from Saved