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400 Tyler St 0.12 Acres of Commercial Land Offered at $1,200,000 in Monterey, CA 93940
INVESTMENT HIGHLIGHTS
- Corner lot with plans for six residential units in downtown Monterey
- Plans are for a mixed use project ocean views
- Steps to Alvarado St and downtown Monterey
PROPERTY FACTS
| Price | $1,200,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Price | $1,200,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.12 AC |
1 LOT AVAILABLE
Lot
| Price | $1,200,000 | Lot Size | 0.12 AC |
| Price Per AC | $9,915,060.98 |
| Price | $1,200,000 |
| Price Per AC | $9,915,060.98 |
| Lot Size | 0.12 AC |
Corner lot with plans for six residential units in downtown Monterey. Located at the corner of Pearl St and Tyler St, across from the Monterey Transit Center. Steps to Alvarado St and downtown Monterey, Trader Joes, Fisherman's Wharf, Monterey Harbor
DESCRIPTION
Corner lot with plans for six residential units in downtown Monterey. Located at the corner of Pearl St and Tyler St, across from the Monterey Transit Center. Steps to Alvarado St and downtown Monterey, Trader Joes, Fisherman's Wharf, Monterey Harbor, and Del Monte Beach. Owner has obtained plans for a 9650 square-foot building on a 5630 square-foot lot. Pursue water through the City of Monterey or request water from the private wells owned by Seller in downtown Monterey. Plans are for a mixed use project ocean views to include a 4 bedroom, 4 bathroom 2000 sf unit, two units that are 3 bedrooms and 3 bathrooms. Designed to be beautiful apartments that look like high end condos.
PROPERTY TAXES
| Parcel Number | 001-574-015-000 | Improvements Assessment | $6,400 |
| Land Assessment | $262,633 | Total Assessment | $269,033 |
PROPERTY TAXES
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400 Tyler St
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