SOLD 05/12/2023
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Commercial sold for $1,047,000 in 157 days
710 - 712 Lighthouse Ave Pacific Grove, CA, 93950
Off the market Comm Ind For Sale
Rare opportunity in Downtown Pacific Grove close to restaurants, coffee shops and great shopping. Just a few blocks down to Lovers Point on the Monterey Bay. This single level two unit commercial well-maintained freestanding building with partial basement, seven private parking spaces in rear for owner and employees provides a great opportunity for an owner user. 1,120 square feet of the 1,750 square foot building is a dentist office with 8.5 years remaining on the lease. The remaining 630 square feet is currently configured as an office (vacant) which has been operated for years as a Real Estate Office however has great potential to be converted to a retail space or a nice one bedroom residential unit (possibly Short Term Rental). Excellent condition. Low maintenance.
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Property details
1,750 sqft interior area
Land area
6,718 sqft (0.15 acres)
Address
710 - 712 Lighthouse Ave, Pacific Grove, CA, 93950
City of California
Pacific Grove
County
Monterey
Year Built
1950
District
Central Ave/downtown
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Nearby major retailers
Costco
Trader Joe's
Whole Foods Market
Safeway
Wholesale: 1
Supermarket: 4
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Interior Features
—
Roof
Shingle
Garage & Parking
Assigned
Listed by
Bill Bluhm, Sotheby's International Realty
Name
Bill Bluhm
License number
01075634
Brokerage company
Sotheby's International Realty
MLS #
ML81914453
Buyer agent
Name
Recip
Brokerage company
Out of Area Office
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Calculate your monthly payments
Mortgage
$3,215
Taxes
$0
HOA dues
$0
Mortgage
$209,400 / 20%
2.28%
30 years
Your amount
$3,215 / month
Lot details
TMK #006146007000
Parcel nr.
006146007000
93950 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 93950
34%
Families with children
National average: 39%
43%
Non family households
52,694
Population
$133,056
Average Income
Age & gender
Median age 46 years
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Commute types
77% commute by car
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Education level
27% have bachelor education
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Number of employees
11% 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
$1.63m
Neighborhood average
sales price*
sales price*
$1.38m
Neighborhood median
sales price*
sales price*
122
Number
of sales*
of sales*
Housing type
56% are single detacheds
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Rooms
35% 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
51% are owners
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12.83 / 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
Sold May 12, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 12, 2023 | Sold | $1,047,000 | 0 | Public Record |
| May 12, 2023 | Price Decrease | $1,047,000 -4.82% | 0 | MLS #ML81914453 |
| Mar 20, 2023 | Under contract | $1,100,000 | 0 | MLS #ML81914453 |
| Mar 7, 2023 | Price Decrease | $1,100,000 -7.95% | 0 | MLS #ML81914453 |
| Jan 27, 2023 | Price Decrease | $1,195,000 -7.72% | 0 | MLS #ML81914453 |
| Dec 7, 2022 | New Listing | $1,295,000 | 0 | MLS #ML81914453 |
Taxes of 710 - 712 Lighthouse Ave, Pacific Grove, CA, 93950
C - zoning / MLS #ML81914453
Zoning
C -
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Frequently Asked Questions about 710 - 712 Lighthouse Ave
What is 710 - 712 Lighthouse Ave?
710 - 712 Lighthouse Ave is a Commercial/Industrial propertywith 1,750 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
710 - 712 Lighthouse Ave, Pacific Grove, CA, 93950.
What comparable properties are nearby?
Comparable nearby commercial properties include 222 Grand Ave, 176 Central Ave, 400 Tyler St, 1084 Cass St, 1088 Cass St, 665 Sonoma Ave.
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: May 14, 2023
Verhouse Last checked 2 minutes ago
The closest grocery stores are Grove Market, 0.23 miles away and Andronico's, 1.04 miles away.
The 93950 zip area has a population of 52,694, and 34% of the families have children. The median age is 46.66 years and 77% commute by car. The most popular housing type is "single detached" and 51% is owner.
