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$1,959,000
Est. payment /mo
10,301 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82001255
HOA Y/N No
Year Built 1959
Annual Tax Amount $20,986
Lot Size 10,301 Sqft
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 699 - Not Defined
Zoning MU - P Planned Mix Use
Interior
Cooling None
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Metal
Total Parking Spaces 15
Building
Story 1
Others
Tax ID 011193020000
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Listed by Hap Albers • Albers Real Estate Investment Company
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130