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590 Del Monte Avenue, Monterey, CA 93940

$999,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

The Ruiz Group | peteruiz@kw.com
Lic#: 70010112
Broker: Courtesy of KW Coastal Estates
Phone: 831-277-8712

Agent Remarks

Prime location corner lot close to Downtown Monterey, Fisherman's Wharf, Del Monte Beach and many more desirable amenities, this site offers 8, 400sf of flat usable space with a 1, 090sf newly renovated building. Currently occupied by a dental office. Tenant has a three-year lease with an option for five more at market rate. Rents are below market due to a massive $300,000 remodel performed by the current tenant, including new sewer lateral, plumbing, electrical, roof, etc. Tenant willing to renegotiate lease terms. Upside opportunity for investor or developer. Property is also zoned for high density multi-family. Keep tenant in place and generate cash flow while you develop your plans. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only

Listing Details

Property type: (Lots/Land)

Status: Pending

MLS# ML81869824

List price is $999,000 Reduced by $100,000 on 1/24/2022

Price: $999,000

Beds: 0

Baths: 0

0.19 acres

Lot size: 0.1900

County: Monterey

Property style: Patio Home

Zoning: PC-Planned Community

Lot description: Back Yard,Greenbelt,Lawn,Level,Near Park,Pasture,Street Level

MLS area: 699 - Not Defined

Last Updated: 6/12/2026

Days On Market (DOM): 79

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This listing belongs to the 699 - Not Defined MLS area

The style of this listing is Patio Home.
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Lat/Long: 36.599830, -121.889109.
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