1157 FOREST AVE
PACIFIC GROVE, CA 93950

$3,100,000

N/A Beds

0 Baths

8,402 Sq Ft

Status Active

MLS# ML81964420

Investment opportunity 6 Retail Tenants with 2 apartments Potential to convert 2 back spaces to 5 more apartments and retain the best retail. Across from Trader Joe's., residential units or condos would have amazing ocean views if you go up a story off Street parking excellent long-term tenants the three main retail are over 20 years

Details for 1157 FOREST AVE

Built in 1982

$369 / Sq Ft

23 parking spaces

Multi-Zone,Other

Central Forced Air

22 Days on website

0.528 acres lot

Interior

Flooring

Concrete, Hardwood, Laminate, Vinyl / Linoleum

Living Area

8,402 SqFt.

Building And Construction

Facilities

Office

Property Sub Type

Commercial

Property Type

Commercial

Year Built

1982

Exterior And Lot

Lot Size Acres

0.528

Lot Size Square Feet

23000

Parking Features

Common Parking Area

Parking Total

Zoning

Utilities

Cooling

Multi-zone, Other

Heating

Central Forced Air

Area And Schools

City

Pacific Grove

County Or Parish

Monterey

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$30,000.00

Additional Info

Acceptable Financing Terms

Cash Or Conventional Loan

Additional Listing Info

Not Applicable

Amenities Misc.

Floor Drain,high Ceiling ,open Beam Ceiling,skylight,vaulted Ceiling ,other

City Limits (Y/N)

Expenses Other

1000

Expenses Total

50863

Expenses Utility

7700

Gross Rent Multiplier

12.45

Income Other

Lot Size Area Maximum Units

Square Feet

Lot Size Area Minimum Units

Square Feet

Maximum Lot Size

23000.00

Meters

Separate Common Area,separate Electric,separate Gas,separate Water

Minimum Lot Size