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176 Central Ave 1,000 - 2,600 SF of Retail Space Available in Pacific Grove, CA 93950
HIGHLIGHTS
- Zoning: C1 – Commercial/Retail
- Easy access to Lighthouse Ave, Ocean View Blvd & Coastal Path
- 10 min walk to Monterey Bay Aquarium
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,000-2,600 SF | 16’ - 50’ | 5-10 Years | $33.00 /SF/YR $2.75 /SF/MO $85,800 /YR $7,150 /MO | Triple Net (NNN) |
1st Floor
Two leasing options are available at 176 Central Ave, a property originally built as a church in 1940 and now zoned C1 for commercial/retail use. The first option offers 2,600 square feet of space with two restrooms, an office area, and access to a common front area and porch, available at $2.75/SF NNN with a minimum 5-year lease. The second option is a 1,600-square-foot retail space that is immediately available, featuring a sloping floor, excellent walkability, and proximity to the ocean, offered at $3.25/SF NNN with a minimum 5-year lease.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Central Heating System
- Private Restrooms
- Finished Ceilings: 16’ - 50’
- Option 1: 2,600 SF $2.75/SF NNN
- Zoning: C1 – Commercial/Retail
- Ample Street Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,600 SF | Property Subtype | Freestanding |
| Min. Divisible | 1,000 SF | Gross Leasable Area | 2,600 SF |
| Property Type | Retail | Year Built | 1942 |
| Total Space Available | 2,600 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,600 SF |
| Year Built | 1942 |
ABOUT THE PROPERTY
176 Central Ave is a unique commercial property in Pacific Grove, CA, originally constructed as a church in 1940 and now zoned C1 for retail and commercial use. The building offers two leasing options tailored to different business needs. Option one includes a spacious 2,600-square-foot unit with two restrooms, an office area, and shared outdoor space, ideal for professional or service-based tenants. Option two is a 1,600-square-foot retail space available immediately with same amenities but smaller hall area. Property offers excellent walkability to downtown PG, the aquarium and just steps from the ocean. Both options offer long-term leasing at competitive NNN rates, making this a rare opportunity to establish a business in a charming and highly accessible coastal location. LUD-8. Allowed uses for Coastal Zone areas designated V-C Including: a. overnight lodging facilities and appurtenant uses; b. eating and drinking establishments; c. visitor-serving retail, service commercial (e.g., banks, grocery stores and gas stations), and event venues; d. institutional uses oriented to tourism; e. public and private parking facilities; and f. uses accessory to the above listed uses.
NEARBY MAJOR RETAILERS
Presented by
Zentec Group
176 Central Ave
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