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    2240-2252 Fremont St Monterey, CA 93940

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    For Sale
    $1,990,000

    Retail property with high visibility and redevelopment potential in Monterey.

    Property size:
    7,120 SF
    Lot size:
    0.47 Acres

    Property Features for 2240-2252 Fremont St

    General Information

    Size
    7,120 SF
    Lot size
    0.47 Acres

    Source: Mahoney & Associates Commercial Real Estate Agent Peter A. Baird

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Monterey Retail Property For Sale

    The property at 2240-2252 N. Fremont St. in Monterey, CA, features three buildings totaling approximately 7,120 square feet. It offers significant visibility on a well-trafficked thoroughfare. The property has about 120 feet of frontage and is conveniently located near Highway 1, Highway 68, and Highway 218 (Canyon del Rey Blvd). An alley borders the rear of the building, adding flexibility. Located within the North Fremont Specific Plan, the property has long-term potential for mixed-use redevelopment. Three of the four units have long-standing leases, and the fourth provides an opportunity for owner-occupancy.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Magda's Flowers, Bloom & Birch

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.8572494
    Latitude
    36.5968275

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    FAQs

    What type of property is this?
    Storefront property - Retail property with high visibility and redevelopment potential in Monterey.
    Where is this storefront property located?
    The property is located at 2240-2252 Fremont St Monterey, CA.
    What is the asking price?
    The asking price for this property is $1,990,000.
    What are key features of this property?
    This property features: - High visibility location on N. Fremont St.; - +/-7,120 SF across three buildings.; - Approximately 120 feet of frontage.
    (831) 646-1919
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2240-2252 Fremont St Monterey, CA 93940
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