1157 Forest AVE Pacific Grove, CA 93950
COMMERCIAL - PACIFIC GROVE, CA
- Added:
- Jun 11, 2026
- Days on Market:
- 32
- Last Refresh:
- Jul 11 at 11:06 pm
Property Features for 1157 Forest AVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Parking
- 20
- Parking features
- Off Street
- Security features
- Security Alarm
- Interior features
- Floor Drain, High Ceiling
- Standard status
- Active
- Lot size
- 0.51 Acres
Utilities
- Heating system
- Central, Forced Air, Natural Gas
- Cooling system
- Gas (Cooling), Central Air
- Water source
- Private
Building Details
- Year built
- 1982
- Flooring type
- Concrete, Carpet
- Roof type
- Tar/Gravel
Listing agent Monterey Peninsula Home Team License #70000352 (831) 601-3284
Listing office KW Coastal Estates 26135 Carmel Rancho Blvd Ste F 200, Carmel, CA (831) 622-6200
Listing date Jun 11, 2026
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The site is positioned in a commercial corridor in Pacific Grove, directly across from Trader Joe’s. The property is also stated to be within a block of Safeway and Lucky, and the remarks cite daily traffic counts of approximately 17,663 vehicles.
For buyers and operators, the current mix of retail and residential income may appeal to those seeking an established, multi-tenant setup with on-site apartments. The seller’s remarks further indicate the site may support higher-density redevelopment under an updated city zoning framework, potentially up to 24 market-rate residential units, and note that buyer should verify. Additional income considerations discussed in the remarks include possible tenant improvements or changes in use, including redevelopment scenarios that could incorporate additional residential units, and a reference to cannabis retail licensing if secured (subject to applicable requirements and verification).
Key Highlights
- 8,402 SF mixed‑use building on a 22,651 SF lot, built in 1982
- Currently occupied by nine tenants, including a pizzeria, professional service providers, a hair salon, and a window showroom
- Includes two residential 1‑bedroom apartments
