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$ 1,900,000
Est. payment /mo
Active
1251 1St St Monterey, CA 93940
3,130 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,130 sqft
Price per Sqft $607
MLS Listing ID 41076948
HOA Y/N No
Year Built 1950
Lot Size 6,100 Sqft
Acres 0.14
Property Sub-Type 5 or More Units
Property Description
Welcome to an exceptional investment opportunity featuring a prime commercial space, a four-unit apartment building with garage parking, and am additional, spacious parking lot. The commercial space, strategically located on a bustling street, boasts large windows that flood the interior with natural light, creating an inviting atmosphere for potential businesses. The four-unit apartment building offers modern living with well-appointed units making it an attractive option for renters. There are 3 single car garage spaces for storage or parking as well. This property will also include 1260 Del Monte Ave; a generous parking lot, convenient for both residents and customers. This multifaceted asset not only promises a steady income stream but also positions you in a vibrant community with endless potential for growth. Close to the Naval Postgraduate School, Fisherman's Wharf, Del Monte beach, and downtown Monterey!
Location
State CA
County Monterey
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplace No
Appliance Refrigerator
Exterior
Total Parking Spaces 7
Building
Lot Description Regular
Sewer Public Sewer
New Construction No
Others
Tax ID 001824008000
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Loren Eva Ybarra • Exp Realty of California Inc.