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Investment Highlights
- Opportunity for a Buyer to occupy Suite 101 with their business and collect rent from Unit 102.
- Ample parking for patients.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 001-606-001, 001-606-002 |
| No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 001-606-001, 001-606-002 |
Description
Unit 101 is 1,425 square feet of medical space with 3 exam rooms, 2 doctor offices, a storage room and a private restroom. Unit 102 is 1,068 square feet of medical space with 3 exam rooms, 1 doctor office, a storage room, and a private restroom. Both units have 1 underground parking spot each with ample ground parking available for patients.
Sale Notes
Mahoney & Associates is pleased to offer a unique opportunity to purchase two medical office condos, located at 900 Cass Street in Monterey. Suite 101 will be delivered vacant at close of escrow. Suite 102 will be delivered with a lease in place at close of escrow. Units in this complex are rarely on the market and feature upgraded Class A finishes. Located in the heart of the Cass Street medical area and close to downtown Monterey, this opportunity allows a Buyer to occupy Suite 101 with their business and collect rent from Unit 102.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 & 102 | 2,493 SF | Office/Medical | $1,650,000 ($661.85/SF) | - |
Unit 101 & 102
| Unit Size |
| 2,493 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,650,000 ($661.85/SF) |
| NOI |
| - |
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Unit 101 & 102
| Unit Size | 2,493 SF |
| Condo Use | Office/Medical |
| Price | $1,650,000 ($661.85/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 001-606-001, 001-606-002 |
| Description | |
| Unit 101 is 1,425 square feet of medical space with 3 exam rooms, 2 doctor offices, a storage room and a private restroom. Unit 102 is 1,068 square feet of medical space with 3 exam rooms, 1 doctor office, a storage room, and a private restroom. Both units have 1 underground parking spot each with ample ground parking available for patients.</li></ul> | |
| Sale Notes | |
| Mahoney & Associates is pleased to offer a unique opportunity to purchase two medical office condos, located at 900 Cass Street in Monterey. Suite 101 will be delivered vacant at close of escrow. Suite 102 will be delivered with a lease in place at close of escrow. Units in this complex are rarely on the market and feature upgraded Class A finishes. Located in the heart of the Cass Street medical area and close to downtown Monterey, this opportunity allows a Buyer to occupy Suite 101 with their business and collect rent from Unit 102.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,000 SF | Typical Floor Size | 1,247 SF |
| Property Type | Office (Condo) | Year Built | 1971 |
| Property Subtype | Medical | Lot Size | 0.37 AC |
| Building Class | C | Parking Ratio | 4.81/1,000 SF |
| Floors | 2 | ||
| Zoning | CO - Professional Office - Professional office | ||
| Total Building Size | 9,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,247 SF |
| Year Built | 1971 |
| Lot Size | 0.37 AC |
| Parking Ratio | 4.81/1,000 SF |
| Zoning | CO - Professional Office - Professional office |
Amenities
- Signage
- Accent Lighting
- Central Heating
- Natural Light
- Partitioned Offices
- Monument Signage
- Air Conditioning
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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900 Cass St
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