21
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$11,490,000
Est. payment /mo
1.76 Acres Lot
Active
498 Fremont ST Monterey, CA 93940
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82041466
HOA Y/N No
Year Built 1945
Lot Size 1.757 Acres
Property Description
Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning C-2, R-1
Interior
Fireplace No
Exterior
Utilities Available Other
Roof Type Other
Building
Water Other
Others
Tax ID 001731015000
Listed by Peter Baird Baird Partnership, Inc. #00533485
NEARBY SCHOOL & BUSINESS
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