MONTEREY COMMERCIAL MULTI-UNIT FOR SALE
Mixed Use | 9,099 SqFt
Marketing description
Mahoney & Associates is pleased to present to the market 31 Soledad Dr., in Monterey, CA. The property consists of a 2-story building totaling +/- 9,099 SF, with 4 separate units. The building sits on a 6,800 SF lot with great visibility from Soledad Dr., a major road in Monterey that sees 15,257 cars/day and has easy access to Highway 1, 68, and the surrounding communities. Zoning is C-1, allowing for many uses serving the daily needs of nearby residences. Opportunities exist for an owner-user requiring immediate space.
Investment highlights
• Desirable frontage, with an estimated 15,257 ADT
• Very central location for access to Salinas, Carmel or Monterey
• 3 established tenants - all with NNN leases
• Available parking
• Opportunity for rental increases over term
• Portion building available for owner-user
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