Sold
Closed
2 NW of 8th
Carmel CA, 93923
$6,500,000
$745.58 per sqft
Sold
Closed
8,718 sqft
Commercial
Built in 1977
Listed by Patrick Stafford with Baird Partnership, Inc. 831-238-3592
Located two blocks from the world famous Ocean Avenue, this mixed-use property has recently undergone a large rennovation. A portion of the second floor has been converted to a 2-bedroom / 2.5-bath luxory residential unit. There are three commercial tenants currently in the building. The City of Carmel Planning office has approved 1-3 additional units for the vacant space in the rear of the building. The one vacant street-fronting retiail space has group 3 water credits. A condo map is possible for the commercial and residential units. Property includes 0.75 acre feet of water from the Malpaso Water Company. The Seller is interested in leasing-back the existing residential unit.
ML81972268
MLSⓇ ID
July 8, 2024
Listed
December 5, 2024
Updated
Map
2 NW of 8th
Carmel CA, 93923
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.18 Acres
Roof
Flat
School Information
School District
Carmel Unified
Other Property Details
Area Name
699 - Not Defined
Days on Market
3
Garage
No
Parking Total
3
View
No
County
Monterey
Water Source
Public
Pool
No
Zoning
RC
Listing History
Date | Event | Price |
|---|---|---|
9/27/2024 | Sold | $6,500,000 |
7/30/2024 | Pending | — |
7/11/2024 | Under contract | — |
Listing Contact: 831-646-1919
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Data last updated on 12/5/2024 at 8:35 AM UTC