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$1,395,000
Est. payment /mo
8,001 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82000275
HOA Y/N No
Year Built 1960
Annual Tax Amount $25,016
Lot Size 8,001 Sqft
Property Description
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.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning CC - Central Commercial
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Utilities Available Other
Roof Type Tar/Gravel
Present Use Commercial
Building
Story 1
Water Public
Others
Tax ID 010141010000
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Listed by Peter Baird • Baird Partnership, Inc.
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