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22942864
22942865

2240 N Fremont St, Monterey, CA 93940

DB
CA 02282077
PB
CA 00533485
Mahoney & Associates
Mahoney & Associates
Listed by Mahoney & Associates
$1,940,000
432 days on market
Updated 75 days ago

Multi-Unit Commercial Complex

Details
APN 013-171-016
Property Type Mixed Use, Retail
Sub Type Restaurant
Net Rentable (SqFt) 7,120
Units 4
Tenancy Multi
Year Built 1956
Buildings 3
Lot Size (SqFt) 20,424
Zoning PC-NF Mixed Use
Sale Condition For sale by owner

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.

Listing Contacts

DB
CA 02282077
PB
CA 00533485
Mahoney & Associates
Mahoney & Associates
Listed by Mahoney & Associates

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Additional Information

Name
David Baird
License
02282077
Brokerage
Mahoney & Associates
Brokerage Phone
831-646-1919
Title
Real Estate Sales Person
Brokerage Address
501 Abrego Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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