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31691059
31691060

527-539 Ramona Ave, Monterey, CA 93940

DB
CA 02282077
PB
CA 00533485
Mahoney & Associates
Mahoney & Associates
Listed by Mahoney & Associates
$3,690,000
302 days on market
Updated 45 days ago

High-Exposure Monterey Asset

Details
APN 013-134-045
Property Type Mixed Use, Retail
Sub Type Storefront
Net Rentable (SqFt) 16,563
Cap Rate 7.40%
Tenancy Multi
Year Built 1969
Stories 1
Lot Size (SqFt) 29,691
Occupancy Date 09/16/2025
Sale Condition For sale by owner

Mixed Use | 7.40% CAP

Marketing description

Mahoney & Associates is pleased to present 527-539 Ramona Avenue for sale. This property presents a rare opportunity for both investors and/or owner-users in the heart of Monterey’s commercial corridor. The property is partially occupied, offering immediate income with the flexibility to occupy or lease the remaining space. Located within the North Fremont Specific Plan area, the zoning allows for a wide range of commercial uses including retail, office, and service-oriented businesses. The site benefits from excellent exposure just off North Fremont Street, which sees an average daily traffic flow of over 28,000 vehicles driving consistent visibility and customer access. With close proximity to Highway 1, national retailers, and ample on-site parking, this property is well positioned for long-term value and strategic growth.

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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