Bain Building 661-665 Lighthouse Ave, Pacific Grove 5,590 SF 100% Leased Retail Building Pacific Grove, CA 93950 $2,150,000 ($384.62/SF) 2.70% Cap Rate

Positioned in the heart of downtown Pacific Grove, the Bain Building presents a rare opportunity to acquire a fully occupied, mixed-use office investment in one of the Monterey Peninsula’s most sought-after commercial corridors.
The property consists of approximately 5,100± square feet across two stories and is currently 100% occupied with a diverse mix of tenants, providing stable in-place income from day one.
Most leases are structured on a modified gross basis, allowing for a balance of landlord control and expense recovery while maintaining tenant appeal.
Tenants benefit from strong foot traffic, excellent visibility along Lighthouse Avenue, and close proximity to downtown amenities, restaurants, and coastal attractions—making this a highly desirable location for small business operators and professional users alike. See Pro Forma for Projections, Cap Rate with Projections and purchase price of 2,150,000 adjusts Cap rate to roughly 3.6%.