Multi-Unit Commercial Complex
Mixed Use
Marketing description
Mahoney & Associates is pleased to present to the market 2240-2252 N. Fremont St., in Monterey, CA. The property consists of three buildings totaling +/-7,120 SF with great visibility on a prominent thoroughfare in Monterey. Located along the North Fremont Corridor, the property provides a unique opportunity to acquire approximately 120 feet of frontage and conveniently located near Highway 1, Highway 68, and Highway 218 (Canyon del Rey Blvd). The property is bordered by an alley to the rear of the building, offering additional flexibility. Additionally, this property is located within the North Fremont Specific Plan with long-term visions of mixed-use redevelopment. Three of the four units have long-standing leases, and the fourth provides a unique owner-occupied opportunity.
Investment highlights
Property falls within North Fremont Specific Plan
Desirable frontage, with an estimated 25,000 ADT
Access to both N. Fremont St. as well as Bruce Ln.
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