Active

486 Alvarado ST

MONTEREY CA, 93940

$3,800,000


$376.91 per sqft

Active

10,082 sqft

Commercial

Built in 1975

Listed by KW Coastal Estates, Monterey Peninsula Home Team, Listing Contact: 8316013284

Rare opportunity to own well performing historic building at the start of main street w/ private parking.Many long term tenants. Tenants include Super Cuts & Pacific Valley Bank. Special historic property The former Home of CA GOVERNOR ALVARADO-A native of Monterey, Alvarado served as Governor of Mexican California from December 20, 1836 to December 20, 1842. Building was damaged in storm and repair work is under way, Offered for sale with the repairs to be completed before the close of escrow, Or may consider discount and Buyer to complete repairs after close. Building is 100% occupied with long term tenants, some may be below market.

ML81944629

MLS ID

April 12, 2024

Updated

Map

486 Alvarado ST
MONTEREY CA, 93940

Interior Features

Total Stories

2


Interior Features

Carpet


Floor Description

Carpet


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.35 Acres


Roof

Composition, Tar/Gravel


Sewer

Public Sewer

Other Property Details

Area Name

Downtown/Fisherman Wharf


Garage

No


View

No


County

Monterey


Pool

No


Zoning

Comm


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

2/23/2024

Price Change

$3,800,000

-10%

Listed by KW Coastal Estates, Monterey Peninsula Home Team,
Listing Contact: 8316013284 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christian Haun | CA DRE# 01494599 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Christian Haun | CA DRE# 01494599 are marked with the 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.

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Data last updated 7:40 PM UTC, 4/12/2024

 

 

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