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EXECUTIVE SUMMARY
Mahoney & Associates is pleased to present to the market for the first time in over 25 years the opportunity to purchase 585 - 599 Lighthouse Ave and 584 Hawthorne in Monterey CA. The buildings on Lighthouse Ave currently have two month-to-month tenants and the lot on Hawthorne is currently just paved parking.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,049 SF
Building Class
C
Year Built
1966
Price
$2,200,000
Price Per SF
$435.73
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.41 AC
Zoning
PC-LH-CB1 / R-3-5 - Commercial
Parking
22 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $395,086 | |
| Land Assessment | $1,156,035 | Total Assessment | $1,551,121 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,156,035
Improvements Assessment
$395,086
Total Assessment
$1,551,121
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585-599 Lighthouse St
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