2-Story/R&D Commercial Building for Sale, Monterey

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Reno: 650-465-3501
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
MO11232 - Real Estate

Location:
Northern California - Central Coast

2-Story/R&D Commercial Building for Sale, Monterey

Business Description:

Real estate sale of a 2560 SF 2-story commercial condo-unit, part of a 3-unit building complex. Set-up currently has a reception desk area, office, & 2 classrooms on 1st floor. 5 offices & conference room on the 2nd floor. It was formerly a radio station, & still has padded walls for soundproofing on 4 rooms on 2nd floor. It would make a great recording studio as well as a traditional office facility. Entrance is on side of the building with a park-like setting of trees. There are 2 parking lots adjacent to the building. The unit has 4 exclusive-use parking +public parking. Assn. fee is $180/mo. for landscaping, trash, recycling. CAP Rate 5.12% based on $1.50/sf. Price reduction!


Asking Price: $850,000


Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

Financial Data Not Available

Operations

# of Employees Full Time Part Time
Non-Owners 0 0
Owners 0 0

Hours of Operation
---

Licenses Required:

Lease

Monthly Rent Including NNN:
$0

Expires:

Option:
No

Size(sq.ft.):
2,560

Miscellaneous

Type of Organization:
Sole Prop

Reason for Sale:
Retirement

Training:
0 weeks hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Portland: 503-233-5505
Rancho Mirage: 800-622-0192
Reno: 650-465-3501
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.