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Executive Summary

Mahoney & Associates is pleased to present to the market for the first time in over 25 years the opportunity to purchase 585 - 599 Lighthouse Ave and 584 Hawthorne in Monterey CA. The buildings on Lighthouse Ave currently have two month-to-month tenants and the lot on Hawthorne is currently just paved parking.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,049 SF
Building Class
C
Year Built
1966
Price
$3,020,160 CAD
Price Per SF
$598.17 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.41 AC
Zoning
PC-LH-CB1 / R-3-5 - Commercial
Parking
22 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
113’ on Hoffman Ave

Amenities

  • Signage
  • Signalized Intersection
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Anytime Fitness
Chart House Restaurant
Bubba Gump Shrimp Co.
Starbucks
Andronico's Community Markets
El Torito
Benihana
Mechanics Bank
California Bank & Trust
Comerica

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 001-065-010-000
  • 001-065-001-000
  • 001-065-017-000
  • 001-065-016-000
Land Assessment
$1,629,777 CAD
Improvements Assessment
$662,905 CAD
Total Assessment
$2,292,682 CAD
  • Listing ID: 34975993

  • Date on Market: 2025-02-28

  • Last Updated:

  • Address: 585-599 Lighthouse St, Monterey, CA 93940

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