498 Fremont Street, Monterey, CA, 93940

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$11,490,000
170 Days On Site

498 Fremont Street
Monterey, CA 93940

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
40,720
SqFt
$282
/SqFt
1945
Built
County:
Monterey
Listed by Peter Baird of Baird Partnership, Inc. pbaird@mahoneycommercial.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
498 Fremont Street498 Fremont Street498 Fremont Street498 Fremont Street
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Monthly Payment (Est.)

$52,422
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Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.

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Listing Snapshot
Price 
$11,490,000
Days On Site 
170 Days
Bedrooms 
N/A
Inside Area (SqFt) 
40,720 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.7571 Acres
Year Built 
1945
MLS® Number 
ML82041466
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
1.7571
SqFt Total 
40720
Utilities 
Other
Water Source 
Other
Zoning 
C-2, R-1
Interior Features
Cooling 
Heating 
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Exterior Features
Roof 
Other
Community Features
MLS Area 
699 - Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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