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China Arts Center Dolores 2 NW of 7th 5,886 SF 100% Leased Retail Building Carmel-by-the-Sea, CA 93921 For Sale
Executive Summary
- Premier downtown Carmel-by-the-Sea location, six buildings southwest of Ocean Avenue
- 5,886 SF commercial property on a 3,838 SF lot
- Historic 1930 property formerly home to the China Arts Center
- Vacant redevelopment opportunity for an owner-user, investor, or developer
- Comprehensive interior demolition and substantial architectural and permitting work completed
- Planning-approved renovation concept with approximately 1,172 SF of reinstated second-floor space
- Proposed rooftop deck, outdoor terrace, and elevator access
- Major PG&E electrical service upgrade underway
- Flexible potential for gallery, showroom, private club, creative office, boutique hospitality, or other experiential commercial use, subject to approvals
- 5,886 SF commercial property on a 3,838 SF lot
- Historic 1930 property formerly home to the China Arts Center
- Vacant redevelopment opportunity for an owner-user, investor, or developer
- Comprehensive interior demolition and substantial architectural and permitting work completed
- Planning-approved renovation concept with approximately 1,172 SF of reinstated second-floor space
- Proposed rooftop deck, outdoor terrace, and elevator access
- Major PG&E electrical service upgrade underway
- Flexible potential for gallery, showroom, private club, creative office, boutique hospitality, or other experiential commercial use, subject to approvals
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,886 SF
Building Class
A
Year Built
1930
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.96
Lot Size
0.07 AC
Zoning
Central Commercial (CC) - Central Commercial (CC), City of Carmel-by-the-Sea
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 12
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China Arts Center | Dolores 2 NW of 7th
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