407 Calle Principal, Monterey, CA 93940

The Monterey Hotel, located at 407 Calle Principal in Monterey, California, is a 69-room boutique asset offering a rare opportunity in one of the Central Coast’s most desirable and high barrier- to-entry markets. Originally built in 1904, the property combines historic character with modern updates, including a significant renovation and 24-room expansion completed in 2016. The 39,096 SF hotel spans 0.41 acres and features both a historic and a newer wing. In addition to guestroom revenue, the hotel includes seven street-level retail spaces—three situated below the adjacent Monterey Hotel Apartments (not included in the sale and separately owned) and four located within the hotel’s historic wing. These spaces provide supplemental income and long-term upside.With its irreplaceable location and historic appeal, the property is well positioned for a new owner to increase performance through targeted capital improvements and a potential soft-brand affiliation to further drive occupancy, online visibility, and returns.