Prime Commercial Building Opportunity For Sale
10,464 SqFt
Marketing description
400 W Franklin Street has served as a church for many years, offering generous interior volume, an open gathering space, and a distinctive architectural presence. Its existing configuration lends itself naturally to continued use as a worship facility, as well as conversion to an event venue, community hall, or any use requiring a large, flexible interior environment.
Positioned just steps from two major hotels in downtown Monterey, the property is uniquely situated to capture visitor demand for gatherings, performances, meetings, celebrations, and specialty programming, This proximity to consistent hospitality traffic provides an attractive opportunity for operators seeking to host events or provide non-lodging visitor-serving functions.
In addition to its congregational history, the building’s scale, acoustics, and structural layout support a wide range of creative reuses, making it equally compelling to owner-users and investors seeking adaptable, high-capacity space in a supply-constrained market. 400 W Franklin Street presents a well-located commercial asset in the heart of Monterey and proximity to key demand drivers. Positioned just minutes from downtown Monterey, Cannery Row, and major transportation routes, the property provides strong visibility and access within one of the Peninsula’s most desirable coastal markets.
The building features efficient floor layouts, professional office configurations, and the ability to support a wide range of commercial or service-oriented tenants. With continued demand for small to-mid-sized office and specialty space in Monterey, this property represents a compelling opportunity for both owner-users and investors.
Investment highlights
Property Highlights:
• Historic Church Building: Large, open interior suited for assembly, events, or continued worship use
• Event-Ready Space: Ideal for concerts, meetings, gatherings, and visitor-serving programming
• Next to Two Major Hotels: Strong opportunity to attract hotel guests for events or functions
• Downtown Monterey Location: Walkable to restaurants, shops, and waterfront amenities
• Flexible Interior Layout: Adaptable floorplan with room for creative reuse
• Onsite Parking: Limited but valuable convenience for attendees and operators
• Separate office space: Can be independently rented
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