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Listed by Peter Baird • Baird Partnership, Inc.
$ 1,395,000
Est. payment | /mo
3,518 SqFt
$ 1,395,000
Est. payment | /mo
3,518 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,518 sqft
Price per Sqft $396
MLS Listing ID ML82000275
Year Built 1960
Lot Size 8,000 Sqft
Property Sub-Type Commercial Property
Property Description
Mahoney & Associates is pleased to offer for purchase the Ground Lease of approximately ½ of ±8,000 SF or prime downtown Carmel CA retail land. Included in the purchase of the Ground Lease is ownership of the improvements upon the land, which consists of three commercial units and one apartment. The Ground lease has approximately 33 years of term remaining on the original 99 year ground lease. The subject site is part of a larger parcel totaling 8000 SF. The parcel has been ground leased to two leasehold interests, one of which is the subject parcel. The pro-rata estimate of the subjects leased interest in the site is believed to be ±4,276 SF however an exact figure would be best ascertained by a surveyor.
Location
State CA
County Monterey
Area Southeast Carmel
Zoning CC - Central Commercial
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features No Parking
Utilities Available Other
Roof Type Tar and Gravel
Present Use Commercial
Building
Story 1
Foundation Other
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Restrictions None
Tax ID 010-141-010-000
Security Features None
Special Listing Condition Not Applicable
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Kalani Stone
Agent | Lic# CalBRE: 01336392