• Significant Water Credits & Electrical Service (3-Phase, 800 Amps): Plenty of water and power available for most any business activity by virtue of its use as a commercial laundry providing third-party linen processing for the area’s hotels, restaurants and spas.
• 9,600 sf building with prominent street frontage with rear-loading (grade-level roll-up doors).
• Prominent location at the gateway of downtown Monterey and across the street from the Monterey Wharf #2 and Del Monte Beach, offering views of the Monterey Bay.
• Located on the High Traffic arterial of Del Monte Avenue (34,000 vehicles per day), the primary thoroughfare from Highway 1 accessing downtown Monterey, Cannery Row and the Monterey Bay Aquarium, and proximate the City of Monterey Sports Complex.
• Exceptional demographics with an average household income of over $105,000 and 102,000 residents within 5-miles.
• The Monterey Peninsula is one of the premier tourist destinations in the United States, attracting an estimated four million visitors to the area, including Carmel, Pebble Beach, Big Sur, Pacific Grove and Monterey. Property is located less than two miles from the Monterey Regional Airport which serves over 400,000 passengers per year.
• Broker Friendly. Creative deal making for the right tenant/concept. Same ownership as adjacent corner building (500 Del Monte) for expansion opportunities, etc.
