301 Lighthouse Ave | Monterey, CA 93940
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301 Lighthouse Ave
Monterey, CA 93940
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- City park directly across the street
- Easy access to regional recreation trail, beach and Cannery Row
- ADA lift from parking lot and ADA restrooms
- Bay views from the second floor
- There is enough water/extra water to convert the 2nd floor office space into 4 studio apartments
- Bakery rent is currently $1,688 per month, modified gross. The rent increases each August 1st by 3%.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,716 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.14 AC
Zoning
C - Commercial
Parking
10 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 001-051-002-000 | Improvements Assessment | $832,320 |
| Land Assessment | $1,040,400 | Total Assessment | $1,872,720 |
PROPERTY TAXES
Parcel Number
001-051-002-000
Land Assessment
$1,040,400
Improvements Assessment
$832,320
Total Assessment
$1,872,720
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