2 NW of 8th, Carmel, CA 93923
$6,500,000
$7,400,000
12.2%
Est.Price: ?

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8,001 Sqft Lot

2 NW of 8th Carmel, CA 93923

Est. payment /mo
SOLD DATE : 09/27/2024

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Key Details

Sold Price $6,500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81972268

Sold Date 09/27/24

HOA Y/N No

Year Built 1977

Lot Size 8,001 Sqft

Property Description

Located two blocks from the world famous Ocean Avenue, this mixed-use property has recently undergone a large rennovation. A portion of the second floor has been converted to a 2-bedroom / 2.5-bath luxory residential unit. There are three commercial tenants currently in the building. The City of Carmel Planning office has approved 1-3 additional units for the vacant space in the rear of the building. The one vacant street-fronting retiail space has group 3 water credits. A condo map is possible for the commercial and residential units. Property includes 0.75 acre feet of water from the Malpaso Water Company. The Seller is interested in leasing-back the existing residential unit.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning RC

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Carport Spaces 3

Roof Type Flat

Total Parking Spaces 3

Building

Water Public

Schools

School District Carmel Unified

Others

Tax ID 010145021A

Financing Cash

Special Listing Condition Standard

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Listed by Patrick Stafford Baird Partnership, Inc. #01857243
Bought with Alessia Ucelli Monterey Coast Realty
Jessica Lam

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