Pacific Grove CA Real Estate & Commercial for Sale

2 Properties Found

The median home value in Pacific Grove, CA is $1,412,500. This is higher than the county median home value of $762,000. The national median home value is $308,980. The average price of homes sold in Pacific Grove, CA is $1,412,500. Approximately 39% of Pacific Grove homes are owned, compared to 46% rented, while 15% are vacant. Pacific Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Pacific Grove real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
5,523
Status:
Active
MLS#:
ML81942469
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1950
Listing Agent: Monterey Peninsul... CalDRE: 70000352 - KW Coastal Estates Monterey Peninsul... CalDRE: 70000352
View additional info

Attention investors...Check out this amazing redevelopment opportunity in Pacific Grove near Cannery Row and the Monterey Aquarium. Formerly a church, this approximately 5400 square foot building on a 6755 square foot lot is located on one of the 3 main streets leading into Pacific Grove. The sellers acquired this property approximately 3 years ago and have spent nearly $500,000 in costs and fees to get the zoning changed to allow a motel to be built on the site. The plans for the motel and vestige retail commercial space consist of a newly to be constructed back wing/section of the building that would have 3 motel units possibly 4 depending upon the size of the rooms are part of the disclosure packet. This project is ideally located just steps away from the major hotel planned at the American Tin Cannery and would boast good views of the Monterey Bay. A buyer can purchase this property and move forward with the plans including water as approved, or consider other opportunities.

Beds:
n/a
Baths:
Sq.Ft.:
4,046
Status:
Active
MLS#:
ML81936056
Type:
Retail, Business Opportunities
Lot size:
0.08 Acres
Year built:
1937
Listing Agent: Monterey Peninsul... CalDRE: 70000352 - KW Coastal Estates Monterey Peninsul... CalDRE: 70000352
View additional info

Never on the market before. Former Pacific Grove Cleaners building, a long time Pacific Grove family business with lots of local history. Long time retail building with apartment on 2nd level. Great opportunity to improve and rent out or great for an owner/user. Property is being sold "As-is". There is a Phase I report from the 1980's available.

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Based on information from CRISNet MLS as of 4/16/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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