J.R. Rouse, Sotheby's International Realty
3775 Via Nona Marie, Suite 100, Carmel, CA 93923
Direct: (831) 318-4062
Fax: (888) 206-4496
710 - 712 Lighthouse Avenue, Pacific Grove, CA 93950
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$1,047,000 |
17506718
Mortgage
$4,496/mon
Rare opportunity in Downtown Pacific Grove close to restaurants, coffee shops and great shopping. Just a few blocks down to Lovers Point on the Monterey Bay. This single level two unit commercial well-maintained freestanding building with partial basement, seven private parking spaces in rear for owner and employees provides a great opportunity for an owner user. 1,120 square feet of the 1,750 square foot building is a dentist office with 8.5 years remaining on the lease. The remaining 630 square feet is currently configured as an office (vacant) which has been operated for years as a Real Estate Office however has great potential to be converted to a retail space or a nice one bedroom residential unit (possibly Short Term Rental). Excellent condition. Low maintenance.
LISTED BY
Bill Bluhm,
Sotheby's Int'l Realty-PG
831-277-2782
Buyer/Sale agent: RECIP,
Property details
Common
Area: - Central Ave/Downtown 128
Age: 73
Approx. Acr: .15acres
Approx. Bldg: 1750
Approx. Lot: 6,718sq. ft.
List Date: 12/07/2022
MLS#: ML81914453
Number of Buildings: 1
Price per sq. ft.: $598
Sale Date: 05/12/2023
Sale Price: $1,047,000
Status: Sold
Type: Advertising, Carpet/Linoleum/Tile, Clothing, Computer, Employment, Gift/Boutique, Health Retail, Medical/Dental, Professional Service, Rental, Research & Development, Retail
Year Built: 1950
Specific
Annual Gross Income: $58,976
Cross Street: Congress
Total Expenses: $21,061
Features
City Limits: Yes
Cooling: Central Forced Air
Foundation: Concrete Perimeter, Crawl Space
Garage Parking: Assigned Spaces, Carport , No Garage
Heating: Central Forced Air, Central Forced Air - Gas
Incorporated: Yes
Loading Facility: Delivery Area
Present Use: Medical/Dental, Office
Roof: Composition
Rooms Additional: Storage
Security Features: Security Alarm
Sewer Septic: Sewer - Public, Sewer Connected
Subclass: Commercial Property
Water: Water On Site
Description
Additional Listing Info: Not Applicable / Not Disclosed
Disclosures Other: Disclosure Package Available, Estoppel Certificate, Seller is Licensed Real Estate Agent, Special Permits Required, Subject to 1031 Tax Exchange
