1240 Munras Ave | Monterey, CA 93940
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1240 Munras Ave
Monterey, CA 93940
Fisherman's Cove Inn · Hospitality Property For Sale
·
7,452 SF
INVESTMENT HIGHLIGHTS
- 20 Unit Motel in the heart of Monterey, California.
- Short drive to Monterey and Carmel beaches.
- Low rate assumable financing for qualified buyers.
- Walk to historic Monterey Downtown tourist attractions, shopping, restaurants, and parks.
- Short drive to PGA golf courses in Pebble Beach.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2024 |
| Building Class | C | Parking Ratio | 4.56/1,000 SF |
| Lot Size | 0.47 AC | Corridor | Exterior |
| Building Size | 7,452 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 7,452 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2024 |
| Parking Ratio | 4.56/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ABOUT 1240 MUNRAS AVE , MONTEREY, CA 93940
This 20 rooms Motel Property is located on coveted Munras Avenue in Monterey, California. Property is listed for sale and has a 1 bedroom manager’s apartment connected with the lobby. Built in 1970, the property includes a 2-story Motel with 20 rooms.
PROPERTY TAXES
| Parcel Number | 001-661-041-000 | Improvements Assessment | $1,706,396 |
| Land Assessment | $1,201,846 | Total Assessment | $2,908,242 |
PROPERTY TAXES
Parcel Number
001-661-041-000
Land Assessment
$1,201,846
Improvements Assessment
$1,706,396
Total Assessment
$2,908,242
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