439 Alvarado St | Monterey, CA 93940
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439 Alvarado St
Monterey, CA 93940
100% Occupied NNN building -Downtown w Parkin · Retail Property For Sale
Investment Highlights
- Trophy Corner Building w Parking Lot
- Legacy Property
- Known and Active Bank location for over 50 years
- 7 year absolute NNN Lease
- 6 Cap plus opportunity for increases, Great for an exchange
- Professionally Managed, Seller will consider all or partial sale.
Property Facts
Property Type
Retail
Property Subtype
Building Size
12,500 SF
Building Class
C
Year Built/Renovated
1942/2000
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.02
Lot Size
0.28 AC
Parking
18 Spaces (1.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 001-573-012-000 | Improvements Assessment | $2,366,201 |
| Land Assessment | $1,093,886 | Total Assessment | $3,460,087 |
Property Taxes
Parcel Number
001-573-012-000
Land Assessment
$1,093,886
Improvements Assessment
$2,366,201
Total Assessment
$3,460,087
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