000 Alvarado Street Monterey, CA ^$ 360,000

000 Alvarado Street

^$ 360,000

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000 Alvarado Street

Monterey, CA, 93940

^$ 360,000

Studio Baths0.0 Sq 2,461

Monthly Estimate*

^$ 2,515

000 Alvarado Street, Monterey, CA 93940 - Image 1

000 Alvarado Street, Monterey, CA 93940 - Image 2

Studio

Commercial Property for sale in Monterey, CA

for $360,000. This 2,461 square foot building was built on a lot size of 0.049357.

Highly successful restaurant with up to 10 years on current lease situated on Alvarado Street amidst the top performing restaurants and entertainment venues. Current owner has maintained this $1m gross revenue business with high NOI annually above $250,000 pre- and post-pandemic. Established in 1990's this iconic restaurant draws locals and international visitors 365 days a year. Only qualified buyers with signed NDA will received financials and confidential information.

Commercial Active

Price

^$ 360,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.049357

Town/City

Monterey

County/Region

Monterey

MLS | Web ID

ML81901932

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling None

Roof Rolled/Hot Mop

Zoning Comm

Property SubType Business

County Monterey

Property Type Business Opportunity

HOA / Comm Assn Y

Status Active

City Monterey

MLS Area Listing

Lot Size Square Feet 2150

Street Name Alvarado Street

Standard Status Active

Interior

Flooring Concrete

Air Conditioning Y/N No

Heating Y/N Yes

Exterior

Water Source Public

Lot Size Area 2178

Lot Size Acres 0.05

* Excluded Features

List By

Michael Zabrycki

Listing Agent

Michael Zabrycki, Broker

Broker

michael@michaelzrealtor.com

Affordability Calculator

$2,515

Per Month

Monthly Principal & Interest: $2,515
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Monterey, CA

Average List Price ^$2,586,700

Percent of Sale Price 619%

About Monterey, CA

29,815 Population

2% Since 2002

^$74,167 Median Income

38.42 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

806588 Elementary School

806593 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/11/2023	$360,000		Listed Price

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000 Alvarado Street, Monterey, CA, 93940 is a Commercial Property for sale at $360,000 with 2,461 sqft and a lot size of 0.049357. 000 Alvarado Street is a studio with 0.0 baths. The property's zip code is 93940 which is in Monterey, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of CCAR. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/18/2024.

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000 Alvarado Street

Commercial Property for sale in Monterey, CA

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