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486 Alvarado Street

Monterey, CA 93940
  • $4,200,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: ML81944629
$4,200,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Listing Agent(s): Monterey Peninsul... of Kw Coastal Estates ((831) 622-6200)


Description

Rare opportunity to own well performing historic building at the start of main street w/ private parking.Many long term tenants. Tenants include Super Cuts & Pacific Valley Bank. Special historic property The former Home of CA GOVERNOR ALVARADO-A native of Monterey, Alvarado served as Governor of Mexican California from December 20, 1836 to December 20, 1842. Building was damaged in storm and repair work is under way, Offered for sale with the repairs to be completed before the close of escrow, Or may consider discount and Buyer to complete repairs after close. Building is 100% occupied with long term tenants, some may be below market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T00:28:22.843. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/144269297
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486 Alvarado Street Monterey, CA 93940

  • Price: $4,200,000
  • Status: Active
  • On Site: 48 Days
  • ID#: ML81944629
0
Beds
0
Baths
0
½ Baths
0.35
Acres
1975
Built
Neighborhood:
699 - Not Defined
County:
Monterey
Area:
699 - Not Defined
Property Description
Rare opportunity to own well performing historic building at the start of main street w/ private parking.Many long term tenants. Tenants include Super Cuts & Pacific Valley Bank. Special historic property The former Home of CA GOVERNOR ALVARADO-A native of Monterey, Alvarado served as Governor of Mexican California from December 20, 1836 to December 20, 1842. Building was damaged in storm and repair work is under way, Offered for sale with the repairs to be completed before the close of escrow, Or may consider discount and Buyer to complete repairs after close. Building is 100% occupied with long term tenants, some may be below market.
Exterior Features

Parking Total 0 Roof CompositionTar/Gravel

Interior Features

Cooling None Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 285000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 3645 Other Expense 4349 Tax Annual Amount 40000 Trash Expense 0 Zoning Comm



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T00:28:22.843. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Monterey Peninsul... of Kw Coastal Estates ((831) 622-6200)