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225 Cannery Row 19,133 SF 61% Leased Office Building Monterey, CA 93940 $8,232,000 CAD ($430.25 CAD/SF) 5% Cap Rate

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EXECUTIVE SUMMARY

Prime Real Estate on Cannery Row. Retail on first floor and two floors of office space above. Beautiful wooden architecture with large atrium in the middle. Unobstructed views of the bay.
NOTE: We have been approved permits to build residential here.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
19,133 SF
Building Class
B
Year Built
1962
Price
$8,232,000 CAD
Price Per SF
$430.25 CAD
Cap Rate
5%
NOI
$411,600 CAD
Percent Leased
61%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,378 SF
Slab To Slab
10’
Building FAR
1.00
Lot Size
0.44 AC
Zoning
CR - Commercial approved zoning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 22b
  • 800 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 24
  • 1,050 SF
  • Office
  • Full Build-Out
  • Now

Mostly open plan office space available for lease today!

  • 2nd Fl-Ste 25
  • 1,463 SF
  • Office
  • Full Build-Out
  • Now

office space with a loft.

  • 3rd Fl-Ste 32
  • 1,200-1,750 SF
  • Office
  • Full Build-Out
  • Now

Can be combined with Suite 34. Has ocean views.

  • 3rd Fl-Ste 33
  • 1,820 SF
  • Office
  • Full Build-Out
  • Now

Multi office space with reception

  • 3rd Fl-Ste 34a
  • 550 SF
  • Office
  • Full Build-Out
  • Now

Can bed combined with suite 32.

Space Size Space Use Condition Available
2nd Fl-Ste 22b 800 SF Office Full Build-Out Now
2nd Fl-Ste 24 1,050 SF Office Full Build-Out Now
2nd Fl-Ste 25 1,463 SF Office Full Build-Out Now
3rd Fl-Ste 32 1,200-1,750 SF Office Full Build-Out Now
3rd Fl-Ste 33 1,820 SF Office Full Build-Out Now
3rd Fl-Ste 34a 550 SF Office Full Build-Out Now

2nd Fl-Ste 22b

Size
800 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 24

Size
1,050 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 25

Size
1,463 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 32

Size
1,200-1,750 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 33

Size
1,820 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 34a

Size
550 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 24

Size 1,050 SF
Space Use Office
Condition Full Build-Out
Available Now

Mostly open plan office space available for lease today!

2nd Fl-Ste 25

Size 1,463 SF
Space Use Office
Condition Full Build-Out
Available Now

office space with a loft.

3rd Fl-Ste 32

Size 1,200-1,750 SF
Space Use Office
Condition Full Build-Out
Available Now

Can be combined with Suite 34. Has ocean views.

3rd Fl-Ste 33

Size 1,820 SF
Space Use Office
Condition Full Build-Out
Available Now

Multi office space with reception

3rd Fl-Ste 34a

Size 550 SF
Space Use Office
Condition Full Build-Out
Available Now

Can bed combined with suite 32.

Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-032-004-000
Land Assessment
$149,667 CAD
Improvements Assessment
$964,966 CAD
Total Assessment
$1,114,632 CAD
  • Listing ID: 32617254

  • Date on Market: 2024-07-29

  • Last Updated:

  • Address: 225 Cannery Row, Monterey, CA 93940

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