Active

1251 1St St

Monterey CA, 93940

$2,300,000


$734.82 per sqft

Active

3,130 sqft

Commercial

Built in 1950

Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman's Wharf, Del Monte beach, and downtown Monterey!

41076948

MLS ID

October 18, 2024

Listed

November 21, 2024

Updated

Map

1251 1St St
Monterey CA, 93940

Interior Features

Appliances

Refrigerator


Floor Description

Laminate, Tile


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Regular


Roof

Composition Shingles


Sewer

Public Sewer

Other Property Details

Area Name

Monterey


Garage

Yes


Parking

Attached, Assigned, See Remarks


View

No


County

Monterey


Pool

No

Listed by Loren Eva Ybarra with Exp Realty of California Inc.
Listing Contact: 925-494-5430 

Bay East  ©2024 CCAR  ©2024. bridgeMLS  ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 9:31 PM UTC, 11/21/2024.

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