$3,395,000

660 Camino Aguajito, Monterey 93940

12,500

Lot Size

Listing Agent
Mick Pfaff - Sotheby's International Realty

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.

Facts & Features

MLS® # ML81949733
Price $3,395,000
Bathrooms 0.00
Lot Size 12,500
Year Built 1969
Type Commercial Sale
Status Active

Community Information

Address 660 Camino Aguajito
Area 699 - Not Defined
City Monterey
County Monterey
Zip Code 93940

Amenities

Parking Spaces 24
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Radiant, Solar
Cooling None
Has Basement No
Fireplace No
# of Stories 3

Exterior

Roof Flat

Additional Information

Date Listed December 14th, 2023
Days on Market 159
Zoning R-3-6-AP
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMick Pfaff
OfficeSotheby's International Realty

Listing Map

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