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Listed by Hap Albers • Albers Real Estate Investment Company
$1,959,000
Est. payment /mo
4,715 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,715 sqft
Price per Sqft $415
MLS Listing ID ML82001255
HOA Y/N No
Year Built 1959
Lot Size 10,302 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare MLSListings
Property Description
Rarely available Sand City warehouse. The property is zoned MU - P or Planned Mixed Use, which is a broad category. The property is leased until the Fall of 2026 with no extension options. The property owner has a potentially lucrative development option to construct 7-8 residential units on the site. The zoning code potentially will either allow multi-family apartments or for-sale residential condominium/townhomes on the site. Conversations with MPWMD and the Sand City Planning Department conclude that there is potentially water available for new development. This site can be a buy today, use it for a your business, and and then develop in the future.
Location
State CA
County Monterey
Interior
Heating Natural Gas
Flooring Concrete
Fireplace No
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