416 Alvarado ST, MONTEREY CA, 93940

Sold

416 Alvarado ST

MONTEREY CA, 93940

$6,500,000

$251.06 per sqft

Sold

25,890 sqft

Commercial

Built in 1910

Listed by Baird Partnership, Inc., Patrick Stafford, Listing Contact: 8312383592

First time on the market in over 70 years. 416 & 422 Alvarado Street is located in the heart of downtown Monterey, CA. This iconic three-story property is located directly next door to Alvarado Street Brewery and just three blocks from Fishermans Wharf. The ground floor of the building is leased to Walgreens, who has been a Tenant in the building since 1998. The second & third floors have nearly identical floor plans with eight residential apartment units on each floor, for a total of 16 units. There are six studio units and ten one-bedroom units. The second and third floors are accessed by a foyer off Alvarado Street that is improved with an internal stairwell and elevator, and a second stairwell attached to the rear of the building that provides access to Calle Principal. The individual apartment units are accessed by a central hallway on each floor.

ML81934752

MLSⓇ ID

October 1, 2024

Updated

Map

416 Alvarado ST
MONTEREY CA, 93940

Interior Features

Interior Features: Elevator
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.28 Acres
Roof: Composition
Sewer: Public Sewer

Other Property Details

Area Name: Downtown/Fisherman Wharf
Garage: No
View: No
County: Monterey
Water Source: Public
Pool: No
Zoning: PC

Listed by Baird Partnership, Inc., Patrick Stafford,
Listing Contact: 8312383592

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Data last updated 7:09 PM UTC, 10/1/2024