This Hospitality Property is no longer advertised on LoopNet.com.

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
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

  • Wheelchair Accessible
  • Public Access Wifi
  • Smoke-Free
  • Smoke Detector

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

Property Taxes

Parcel Number
001-661-041-000
Land Assessment
$1,201,846
Improvements Assessment
$1,706,396
Total Assessment
$2,908,242
  • Listing ID: 26846502

  • Date on Market: 10/13/2022

  • Last Updated:

  • Address: 1240 Munras Ave, Monterey, CA 93940

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