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Pacific Grove Oceanfront Legacy Property 1352 Lighthouse Ave 11,200 SF 100% Leased Office Building Pacific Grove, CA 93950 $6,500,000 ($580.36/SF)
Investment Highlights
- Over 4 acres of land with sweeping Pacific Ocean views along California’s Monterey Peninsula.
- Approximately 11,200 SF building includes private offices, conference rooms, and abundant surface parking.
- Highly accessible location with proximity to major regional highways and area landmarks.
- Well-situated near Point Pinos Lighthouse, Asilomar State Beach, Pebble Beach, and world-renowned Monterey Bay.
- Former NOAA facility ideal for nonprofit, educational, government, and marine-related organizations.
Executive Summary
Once-in-a-Generation Trophy Coastal Asset
An extraordinary opportunity to acquire one of California's most unique and historically significant coastal properties. Situated on approximately 4.28 acres overlooking the Pacific Ocean at 1352 Lighthouse Avenue, Pacific Grove, this landmark property was formerly occupied by the National Oceanic and Atmospheric Administration (NOAA) and is surrounded by some of the Monterey Peninsula's most iconic destinations, including Point Pinos Lighthouse, Asilomar State Beach, the Pacific Grove shoreline, Pebble Beach, and the world-renowned Monterey Bay.
Properties of this scale, historical significance, and irreplaceable oceanfront location rarely become available. This is a true legacy trophy property, ideally suited for high-net-worth individuals, family offices, foundations, educational institutions, research organizations, and mission-driven investors seeking ownership of an iconic California coastal asset.
Pursuant to the recorded deed and the City of Pacific Grove's Local Coastal Program, future use of the property is subject to coastal regulations and applicable governmental approvals. Buyers are encouraged to conduct their own independent investigations regarding zoning, permitted uses, development potential, historical resources, environmental regulations, and Coastal Commission requirements.
Some photos were taken prior to vacancy. Please click the Links to see the videos.
**An irreplaceable coastal landmark. A legacy investment. A once-in-a-generation opportunity.**
An extraordinary opportunity to acquire one of California's most unique and historically significant coastal properties. Situated on approximately 4.28 acres overlooking the Pacific Ocean at 1352 Lighthouse Avenue, Pacific Grove, this landmark property was formerly occupied by the National Oceanic and Atmospheric Administration (NOAA) and is surrounded by some of the Monterey Peninsula's most iconic destinations, including Point Pinos Lighthouse, Asilomar State Beach, the Pacific Grove shoreline, Pebble Beach, and the world-renowned Monterey Bay.
Properties of this scale, historical significance, and irreplaceable oceanfront location rarely become available. This is a true legacy trophy property, ideally suited for high-net-worth individuals, family offices, foundations, educational institutions, research organizations, and mission-driven investors seeking ownership of an iconic California coastal asset.
Pursuant to the recorded deed and the City of Pacific Grove's Local Coastal Program, future use of the property is subject to coastal regulations and applicable governmental approvals. Buyers are encouraged to conduct their own independent investigations regarding zoning, permitted uses, development potential, historical resources, environmental regulations, and Coastal Commission requirements.
Some photos were taken prior to vacancy. Please click the Links to see the videos.
**An irreplaceable coastal landmark. A legacy investment. A once-in-a-generation opportunity.**
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,200 SF
Building Class
C
Year Built
1952
Price
$6,500,000
Price Per SF
$580.36
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
3,733 SF
Building FAR
0.06
Lot Size
4.28 AC
Zoning
"O" - Open Space
Parking
75 Spaces (6.7 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 007-011-005-000 | Improvements Assessment | $2,673,606 |
| Land Assessment | $2,522,066 | Total Assessment | $5,195,672 |
Property Taxes
Parcel Number
007-011-005-000
Land Assessment
$2,522,066
Improvements Assessment
$2,673,606
Total Assessment
$5,195,672
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