416 Alvarado St

MONTEREY, CA 93940 View Map $6,500,000 Ask a Question
Sq.Ft.25,890
Year1910
416 Alvarado St,Monterey,CA,homes for sale in Monterey | Property in Santa Cruz Photo 1
416 Alvarado St,Monterey,CA,homes for sale in Monterey | Property in Santa Cruz Map
Gregg Camp

Gregg Camp

(831) 818-7524

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For information about this home for sale 416 Alvarado St in Monterey CA 93940 with MLS # ML81934752. Located in in Monterey.  View large photos, pricing, information and more. For a showing call Gregg Camp, Realtor, Broker, today at 831-818-7524
Status: Sold
Property Type:Commercial Property
MLS #:ML81934752
Sq. Feet:25,890
Date Sold:9/1/2023
Lot Size:12,070 Sq. Ft.
County:Monterey
First time on the market in over 70 years. 416 & 422 Alvarado Street is located in the heart of downtown Monterey, CA. This iconic three-story property is located directly next door to Alvarado Street Brewery and just three blocks from Fishermans Wharf. The ground floor of the building is leased to Walgreens, who has been a Tenant in the building since 1998. The second & third floors have nearly identical floor plans with eight residential apartment units on each floor, for a total of 16 units. There are six studio units and ten one-bedroom units. The second and third floors are accessed by a foyer off Alvarado Street that is improved with an internal stairwell and elevator, and a second stairwell attached to the rear of the building that provides access to Calle Principal. The individual apartment units are accessed by a central hallway on each floor.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
9/1/2023$6,300,000$6,500,0003.2%

Community Information

Address:416 Alvarado St, MONTEREY, CA 93940
Area:118 - Downtown/Fisherman Wharf
County:Monterey
Zip:93940

Property Features

Lot Size: 0.28 Acres / 12,070 Sq. Ft.
Water: Public
Utilities: Individual Electric Meters, Individual Gas Meters, Master Meter
Sewer/Septic: Sewer - Public
Special Features: Elevator / Lift
Zoning:PC
Subclass: Commercial Property
Number of Tenants: 17

Tax and Financial Info

Meters: Master Water, Separate Electric, Separate Gas
Buyer Agency Compensation: 1.75%
Present Use: Multi-Family, Retail

Listing Agent/Office

Agent:Patrick Stafford
Listing Office:Baird Partnership, Inc.
Selling Office:New Cal Realty
Broker Phone:831-238-3592

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