Active

660 Camino Aguajito

Monterey CA, 93940

$3,345,000


$355.62 per sqft

Active

9,406 sqft

Commercial

Built in 1969

Listed by Mick Pfaff with Sotheby's International Realty 831-588-2154

Location..Square footage..Interior amenities..Views and access to dowtown & freeway travel ! These are the ingredients to an exceptional multi-tenant office building ready for Owner-User purchase. Long term tenants with long term leases occupy floors 1 & 2. Third floor is now available for additional tenants or owner use. Overlooking the magnificent Lake El Estero, this creation satisfies ambiance and investment requirements. Expansive covered parking for employees & clients and situated only minutes from the marvelous city of Monterey. Both 2d and 3rd floors have private decks and present the floor to ceiling windows designed to create an exceptional atmosphere. The full solar package has eliminated electrical expenses, benefitting the owner & ecology alike. 28 total rooms give an enormous degree of flexibility in use. POSSIBLE RESIDENTIAL CONVERSION available. Total of 6 full bathrooms plus kitchen areas are further highlights of this fabulous opportunity to both own and use this marvelous property as a springboard to your next productive financial adventure. An impressive cap rate and solid income generation history makes this a natural selection for your purchase agenda. Zoned R-3-6-AP available for residential conversion on the 3rd floor of approx. 3600 square feet.

ML81949733

MLS ID

December 14, 2023

Listed

December 5, 2024

Updated

Map

660 Camino Aguajito
Monterey CA, 93940

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Radiant, Solar

Exterior/Building Features

Lot Size

0.29 Acres


Roof

Flat

Other Property Details

Area Name

699 - Not Defined


Taxes

$26,270


Tax Frequency

Annually


Days on Market

356


Garage

No


Parking Total

24


View

No


County

Monterey


Water Source

Public


Pool

No


Zoning

R-3-6-AP

Listing History

Date

Event

Price

7/31/2024

Price change

$3,345,000

-2%

Listing Contact: (831) 624-1566 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 12/5/2024 at 12:14 PM UTC

 

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