$1,425,875
$1,425,875
For more information regarding the value of a property, please contact us for a free consultation.
10,497 Sqft Lot
SOLD DATE : 04/05/2023
Key Details
Sold Price $1,425,875
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81906463
Sold Date 04/05/23
HOA Y/N No
Year Built 1980
Annual Tax Amount $18,500
Lot Size 10,497 Sqft
Property Description
Called Woodbriar, this is an attractive 2 story building in the heart of Carmel Mid Valley across the street from a Safeway anchored center. Located between Carmel and Carmel Valley Village, the mid valley center is home to many businesses and offices serving Carmel Valley and the greater peninsula. It has a limited amount of office buildings, with historically strong rental demand in the area. Of the 6 tenants, all are on month to month tenancies allowing an owner user to occupy part or all of the building. Existing rents are deemed to be below market and leases are gross. Spaces are individually metered and tenants pay gas and electric. Property is well maintained and grounds are attractively landscaped. Office sizes range from 373+. One tenant, Carmel Valley Medical has been a tenant in the building since 2003 and occupies 1,429 s.f. on the ground floor. The building has common restrooms on both floors, and 13 parking spaces to the rear of the building in addition to street parking.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning LC-D-S-RAZ
Interior
Cooling None
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 13
Building
Story 2
Water Public
Others
Tax ID 169235021000
Financing FHA
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Frank Saunders • Gabilan Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "