$360.94 Per Sq Foot $18,225 est/mo Sourced by Back At You

660 Camino Aguajito,Monterey, CA 93940

Monterey CA, 93940

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Description

Location..Square footage..Interior amenities..Views and access to dowtown & freeway travel ! These are the ingredients to an exceptional multi-tenant office building ready for Owner-User purchase. Long term tenants with long term leases occupy floors 1 & 2. Third floor is now available for additional tenants or owner use. Overlooking the magnificent Lake El Estero, this creation satisfies ambiance and investment requirements. Expansive covered parking for employees & clients and situated only minutes from the marvelous city of Monterey. Both 2d and 3rd floors have private decks and present the floor to ceiling windows designed to create an exceptional atmosphere. The full solar package has eliminated electrical expenses, benefitting the owner & ecology alike. 28 total rooms give an enormous degree of flexibility in use. POSSIBLE RESIDENTIAL CONVERSION available. Total of 6 full bathrooms plus kitchen areas are further highlights of this fabulous opportunity to both own and use this marvelous property as a springboard to your next productive financial adventure. An impressive cap rate and solid income generation history makes this a natural selection for your purchase agenda. Zoned R-3-6-AP available for residential conversion on the 3rd floor of approx. 3600 square feet.

Details

MLS#ML81949733
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1969
Days On Site215
Listing Provided BySotheby's International Realty (831) 624-1566 | Mick Pfaff
Buying Commision$0

Features

SQ Feet9,406
Story(s)3
Building(s)1
ZoningR-3-6-AP
Acreage0.29

Market Activity 93940

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyMonterey
CityMonterey
Zip Code93940
Area699 Not Defined
Listing VS Median (in 93940)
Price:
$3,395,000
low | high
Med:
$1,330,875
100% of Average
SqFt:
9,406
low | high
Med:
1,631
100% of Average
$ / SqFt:
$361
low | high
Med:
$816
76.072898165062% of Average
On Site:
215
low | high
Med:
491.000000
43.788187372709% of Average
Sourced by Back At You
Listing Updated: July 3, 2024 at 6:07:25 AM PDT