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1400 Munras Ave 9,826 SF Retail Building Monterey, CA 93940 For Sale
Investment Highlights
- Freestanding ±9,456 SF building set on an expansive ±1.43-acre parcel.
- Opportunity for owner-users, investors, medical users, professional office groups, or retailers seeking a presence
- Potential value-add through repositioning, adaptive reuse, or redevelopment.
- High-visibility corner location with ±135 feet of frontage on a signalized intersection.
- Convenient access to Highway 1 and Highway 68, enabling regional connectivity.
- Situated near major attractions including Cannery Row, Pebble Beach, and Carmel-by-the-Sea
Executive Summary
1400 Munras Avenue offers a rare commercial property ownership opportunity in one of California’s most sought-after coastal markets. This ±9,456 SF freestanding building is prominently positioned on a ±1.43-acre parcel at a high-visibility corner location featuring ±135 feet of frontage at a signalized intersection. The property delivers strong exposure and a central location within Monterey, minutes from major thoroughfares, nearby lodging, and abundant retail destinations. Situated near Highway 1 and Highway 68, the property provides convenient regional connectivity to Carmel, Pacific Grove, and the broader Monterey Peninsula. This location is further supported by robust surrounding amenities, including Whole Foods Market, numerous dining options, and hospitality establishments.
With Monterey recognized as a premier destination city drawing millions of visitors annually, this site presents excellent potential for value-add repositioning in an area known for its affluent demographics and vibrant tourism economy. For investors seeking a location advantage and long-term upside, 1400 Munras Avenue stands out as a strategic acquisition opportunity in a high-demand market.
With Monterey recognized as a premier destination city drawing millions of visitors annually, this site presents excellent potential for value-add repositioning in an area known for its affluent demographics and vibrant tourism economy. For investors seeking a location advantage and long-term upside, 1400 Munras Avenue stands out as a strategic acquisition opportunity in a high-demand market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
9,826 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.94
Lot Size
0.24 AC
Frontage
135’ on Munras Ave
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,176,141 CAD | |
| Land Assessment | $1,025,138 CAD | Total Assessment | $2,201,280 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,025,138 CAD
Improvements Assessment
$1,176,141 CAD
Total Assessment
$2,201,280 CAD
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1400 Munras Ave
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