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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 Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 4,715 sqft
Price per Sqft $415
MLS Listing ID ML82001255
Year Built 1959
Lot Size 10,302 Sqft
Property Sub-Type Commercial Property
Property Description
Rarely available Sand City warehouse. The property is zoned MU - P or Planned Mix Use, which is a broad category. The property is leased until the Fall of 2026. 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 there is potentially water available for new development. This site can be a buy and hold today and then develop in the future.
Location
State CA
County Monterey
Area Sand City
Zoning MU - P Planned Mix Use
Interior
Heating Gas
Cooling None
Flooring Concrete
Exterior
Parking Features Off-Street Parking, Parking Area
Utilities Available Master Meter , Natural Gas
Roof Type Metal
Present Use Warehouse
Building
Story 1
Foundation Concrete Slab
Sewer Sewer Connected
Water Individual Water Meter
Level or Stories 1
Others
Restrictions None
Tax ID 011-193-020-000
Miscellaneous High Ceiling ,Skylight
Security Features Security Alarm
Special Listing Condition Not Applicable
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