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167 Davis Ln Monterey, CA 93940

For Sale
$1,800,000

Prime Medical Office, Great Location

Property size:
2,537 SF

Description

Added:
Feb 3, 2025
Days on Market:
310
This exceptional 2,537 square foot medical office building, situated at 167 Davis Lane (also known as 172 El Dorado Street) in Monterey, California, presents a compelling investment opportunity. The property sits on a 0.16-acre lot (6,797 square feet), providing ample space and convenience. A significant advantage is the dedicated parking lot accommodating approximately twelve vehicles, ensuring convenient access for patients and staff. The building's location is highly desirable, offering a short walk to the historic Alvarado Street and a quick drive to the scenic Del Monte Beach. Its proximity to other major medical offices and a surgery center further enhances its appeal and potential for continued success. Currently occupied by a long-term tenant, this property is ideally suited for an owner/investor seeking a stable and potentially lucrative investment in a thriving Monterey location. The asking price is $1,800,000. This presents a rare opportunity to acquire a well-situated, established medical office building in a highly sought-after area of Monterey. The property's size, parking, and location combine to create a strong investment prospect with significant long-term potential. Contact us for further details.

Property Features for 167 Davis Ln

General Information

Property type
Other commercial real estate
Square Feet
2,537 SF
Lot Size
6,970 SF

Building Details

Year Built
1954

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Monterey
County
Monterey
State
California
Longitude
-121.895
Latitude
36.59343

FAQs

What type of property is this?
Commercial real estate - Prime Medical Office, Great Location
Where is this commercial real estate located?
The property is located at 167 Davis Ln Monterey, CA.
What is the asking price?
The asking price for this property is $1,800,000.
More about this property
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