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400 W Franklin St 10,464 SF Specialty Building Offered at $1,725,000 in Monterey, CA 93940



INVESTMENT HIGHLIGHTS
- Historic Church Building
- Next to Two Major Hotels
- Flexible Interior Layout
- Event-Ready Space
- Downtown Monterey Location
- Onsite Parking
EXECUTIVE SUMMARY
400 W Franklin Street has served as a church for many years, offering generous interior volume, an open gathering space, and a distinctive architectural presence. Its existing configuration lends itself naturally to continued use as a worship facility, as well as conversion to an event venue, community hall, or any use requiring a large, flexible interior environment.
Positioned just steps from two major hotels in downtown Monterey, the property is uniquely situated to capture visitor demand for gatherings, performances, meetings, celebrations, and specialty programming, This proximity to consistent hospitality traffic provides an attractive opportunity for operators seeking to host events or provide non-lodging visitor-serving functions.
In addition to its congregational history, the building’s scale, acoustics, and structural layout support a wide range of creative reuses, making it equally compelling to owner-users and investors seeking adaptable, high-capacity space in a supply-constrained market. 400 W Franklin Street presents a well-located commercial asset in the heart of Monterey and proximity to key demand drivers. Positioned just minutes from downtown Monterey, Cannery Row, and major transportation routes, the property provides strong visibility and access within one of the Peninsula’s most desirable coastal markets.
The building features efficient floor layouts, professional office configurations, and the ability to support a wide range of commercial or service-oriented tenants. With continued demand for small to-mid-sized office and specialty space in Monterey, this property represents a compelling opportunity for both owner-users and investors.
Positioned just steps from two major hotels in downtown Monterey, the property is uniquely situated to capture visitor demand for gatherings, performances, meetings, celebrations, and specialty programming, This proximity to consistent hospitality traffic provides an attractive opportunity for operators seeking to host events or provide non-lodging visitor-serving functions.
In addition to its congregational history, the building’s scale, acoustics, and structural layout support a wide range of creative reuses, making it equally compelling to owner-users and investors seeking adaptable, high-capacity space in a supply-constrained market. 400 W Franklin Street presents a well-located commercial asset in the heart of Monterey and proximity to key demand drivers. Positioned just minutes from downtown Monterey, Cannery Row, and major transportation routes, the property provides strong visibility and access within one of the Peninsula’s most desirable coastal markets.
The building features efficient floor layouts, professional office configurations, and the ability to support a wide range of commercial or service-oriented tenants. With continued demand for small to-mid-sized office and specialty space in Monterey, this property represents a compelling opportunity for both owner-users and investors.
PROPERTY FACTS
| Price | $1,725,000 | Lot Size | 0.20 AC |
| Price Per SF | $164.85 | Building Size | 10,464 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1976 |
| Property Subtype | Religious Facility | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.38/1,000 SF |
| Price | $1,725,000 |
| Price Per SF | $164.85 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 10,464 SF |
| No. Stories | 3 |
| Year Built | 1976 |
| Tenancy | Single |
| Parking Ratio | 0.38/1,000 SF |
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Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 001-383-009-000 | Improvements Assessment | $87,714 |
| Land Assessment | $38,253 | Total Assessment | $125,967 |
PROPERTY TAXES
Parcel Number
001-383-009-000
Land Assessment
$38,253
Improvements Assessment
$87,714
Total Assessment
$125,967
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