About Address Not Disclosed
Current Zoning should allow for 3 story residential condo project with access to water. Highly respected local architect is. available to assist with due diligence. Rare and Unique Investment Opportunity nestled in famous Pacific Grove, California adorned with great beaches, Monterey Bay and our tranquil Pacific Ocean. High Barrier to Entry (28 unit) storage facility complemented with two retail tenants: Everest Liquor Store and The Nest Clothing Store. Gorgeous 10,633 Square Foot Warehouse/Storage Facility/Retail investment property zoned in Downtown Pacific Grove. Prestigious location supported by major 'City Approved' Growth projects to include two 'high profile' multi-level residential condominium projects on Lighthouse Avenue. Stabilized rents with positive upside to income growth allow a visionary to plan for future income producing modifications and uses due to flexible and widespread planning opportunities within the CD(Commercial Downtown) Zoning matrix.
Features of Address Not Disclosed
| MLS® # | ML81918536 |
|---|---|
| Price | $3,400,000 |
| Square Footage | 10,633 |
| Acres | 0.27 |
| Year Built | 1928 |
| Type | Common Interest |
| Sub-Type | Commercial Property |
| Status | Active |
Community Information
| Address | Address Not Disclosed |
|---|---|
| Area | Pacific Grove - E |
| City | PACIFIC GROVE |
| County | Monterey |
| State | CA |
| Zip Code | 93950 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters, Master Meter |
|---|---|
| Garages | No Garage |
| Is Waterfront | No |
Interior
| Heating | Gas Heat, Other |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Roof | Metal Roof, Other Roof |
|---|---|
| Foundation | Concrete Slab |
School Information
| Attendance Zone | ROBERT DOWN ELEMENTARY SCHOOL, PACIFIC GROVE HIGH SCHOOL, PACIFIC GROVE MIDDLE SCHOOL |
|---|
Additional Information
| Zoning | Downtown Commercial(C-D) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Michael Zabrycki |
|---|---|
| Office | Michael Zabrycki, Broker |
| Office Contact | 832-628-2206 |
