590 Del Monte Avenue
Monterey, CA 93940
8,400Sqft(Lot)
Prime location corner lot close to Downtown Monterey, Fisherman's Wharf, Del Monte Beach and many more desirable amenities, this site offers 8, 400sf of flat usable space with a 1, 090sf newly renovated building. Currently occupied by a dental office. Tenant has a three-year lease with an option for five more at market rate. Rents are below market due to a massive $300,000 remodel performed by the current tenant, including new sewer lateral, plumbing, electrical, roof, etc. Tenant willing to renegotiate lease terms. Upside opportunity for investor or developer. Property is also zoned for high density multi-family. Keep tenant in place and generate cash flow while you develop your plans. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Via Zaragosa, Monterey, CA, 93940 | $777,000 | -- | -- | -- | Acres (Lot)-- |
| 8375 Monterra Views (lo.., Monterey, CA, 93940 | $1,100,000 | -- | -- | -- | 60,548 Sqft(Lot) |
| 8282 Monterra Ranch (lo.., Monterey, CA, 93940 | $999,999 | -- | -- | -- | 386,377 Sqft(Lot) |
| 25000 Hidden Mesa, Monterey, CA, 93940 | $1,600,000 | -- | -- | -- | 148,999.20 Sqft(Lot) |
| 8340 Vista Monterra, Monterey, CA, 93940 | $980,000 | -- | -- | -- | 125,888 Sqft(Lot) |
| 8170 Manjares, Monterey, CA, 93940 | $1,000,000 | -- | -- | -- | 86,684 Sqft(Lot) |
| 7570 Paseo Vista, Monterey, CA, 93940 | $995,000 | -- | -- | -- | 75,359 Sqft(Lot) |
| 7765 Paseo Venado, Monterey, CA, 93940 | $849,000 | -- | -- | -- | 217,800 Sqft(Lot) |
| 20 Spray Avenue, Monterey, CA, 93940 | $1,388,000 | -- | -- | -- | 5,000 Sqft(Lot) |
| Aguajito Road, Monterey, CA, 93940 | $995,000 | -- | -- | -- | Acres (Lot)-- |
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ByOwner last updated this listing 09/05/2026 @ 09:43
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