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PRICE $1,395,000
SIZE 3,518 sqft
LOT SIZE 8,002 sqft
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Mahoney & Associates is pleased to offer for purchase the Ground Lease of approximately ½ of ±8,000 SF or prime downtown Carmel CA retail land. Included in the purchase of the Ground Lease is ownership of the improvements upon the land, which consists of three commercial units and one apartment. The Ground lease has approximately 33 years of term remaining on the original 99 year ground lease. The subject site is part of a larger parcel totaling 8000 SF. The parcel has been ground leased to two leasehold interests, one of which is the subject parcel. The pro-rata estimate of the subjects leased interest in the site is believed to be ±4,276 SF however an exact figure would be best ascertained by a surveyor.

LAST UPDATED 3/31/2025 YEAR BUILT 1960
COUNTY Monterey STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
HEAT Forced Air
LOT 8002 sq ft
LOT DIMENSIONS 8000.00
SEWER Public Sewer
STORIES 1
WATER Public
ZONING CC - Central Commercial
Listed by Peter Baird | 831-646-1919, Baird Partnership, Inc.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 4/2/25 10:33 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This IDX solution is (c) Diverse Solutions 2025.


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