Log In/Sign Up
499 Alvarado St
Monterey, CA 93940
Former Ordway Pharmacy, Seller financing. · Retail Property For Sale
Investment Highlights
- • Best Corner in Downtown Monterey Where Alvarado Meets Munras and Pearl
- • 7873 SF Retail or Office or make the second floor Residential
- • Seller will carry with 20% down at a reasonable rate
- • Traffic Counts from 4500-14000, Located at Public Transportation Hub
- • Includes the adjacent parking lot on another APN
- • Rare opportunity has not been available for 4 decades
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,750 SF
Building Class
C
Year Built
1951
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.74
Lot Size
0.24 AC
Zoning
C-1 - Downtown Commercial- see the City of Monterey Downtown Plan, Potential to look at purchasing adjacent parcels
Parking
10 Spaces (1.27 Spaces per 1,000 SF Leased)
Frontage
239’ on Alvarado St
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,064,199 | |
| Land Assessment | $784,608 | Total Assessment | $1,848,807 |
Property Taxes
Parcel Numbers
Land Assessment
$784,608
Improvements Assessment
$1,064,199
Total Assessment
$1,848,807
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
