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China Arts Center Dolores & 7th 5,886 SF Retail Building Carmel, CA 93921 For Sale
Executive Summary
- Premier downtown Carmel-by-the-Sea location, six buildings southwest of Ocean Avenue
- 5,886 SF commercial property on a 3,838 SF lot
- Historic 1930 property formerly home to the China Arts Center
- Vacant redevelopment opportunity for an owner-user, investor, or developer
- Comprehensive interior demolition and substantial architectural and permitting work completed
- Planning-approved renovation concept with approximately 1,172 SF of reinstated second-floor space
- Proposed rooftop deck, outdoor terrace, and elevator access
- Major PG&E electrical service upgrade underway
- Flexible potential for gallery, showroom, private club, creative office, boutique hospitality, or other experiential commercial use, subject to approvals
- 5,886 SF commercial property on a 3,838 SF lot
- Historic 1930 property formerly home to the China Arts Center
- Vacant redevelopment opportunity for an owner-user, investor, or developer
- Comprehensive interior demolition and substantial architectural and permitting work completed
- Planning-approved renovation concept with approximately 1,172 SF of reinstated second-floor space
- Proposed rooftop deck, outdoor terrace, and elevator access
- Major PG&E electrical service upgrade underway
- Flexible potential for gallery, showroom, private club, creative office, boutique hospitality, or other experiential commercial use, subject to approvals
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,886 SF
Building Class
A
Year Built
1930
Tenancy
Single
Building Height
3 Stories
Building FAR
1.50
Lot Size
0.09 AC
Zoning
CC
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-139-001-000 | Improvements Assessment | $1,326,017 |
| Land Assessment | $3,315,072 | Total Assessment | $4,641,089 |
Property Taxes
Parcel Number
010-139-001-000
Land Assessment
$3,315,072
Improvements Assessment
$1,326,017
Total Assessment
$4,641,089
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China Arts Center | Dolores & 7th