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    Monterey, CA

    Monterey, CA Commercial Real Estate for Sale

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    Monterey Commercial Corridor Opportunity
    Updated: Sep 23, 2025
    Monterey Commercial Corridor Opportunity

    539 Ramona Ave, Monterey, CA

    $3,690,000
    16,563 sqft 0.68 AC lot
    Rare opportunity for investors and/or owner‑users in the heart of Monterey’s commercial corridor.
    Partially occupied, offering immediate income with flexibility to occupy or lease remaining space.
    Located within the North Fremont Specific Plan area, allowing for a wide range of commercial uses.
    Excellent exposure just off North Fremont Street with high daily traffic flow (over 28,000 vehicles).
    Ample on‑site parking.
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    This listing looks promising.

    Here's a quick look at some key insights for

    539 Ramona Ave, Monterey, CA

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    • Est. Cap Rate

      6.5%
      Above avg (5.9%)

    • Est. NOI

      $240K
      Annual

    • Mortgage

      $1.28M
      May 2020

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1969
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    Corner Retail Building with Loading
    Updated: Jul 8
    Corner Retail Building with Loading

    299 Lighthouse AVE, Monterey, CA 93940

    $3,800,000
    0.21 AC lot
    Almost 16,000 SF retail building on a major Monterey thoroughfare at the corner of Lighthouse Ave and Dickman Ave
    Roll‑up loading door on the side street
    Currently used as a furniture retailer; could be repurposed for another use
    Shingle/composition roof and central forced‑air heating with natural gas
    On‑street parking
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    Mixed-Use Retail and Residential Property
    Mixed-Use Retail and Residential Property

    883 Lighthouse AVE, Monterey, CA 93940

    $1,500,000
    2,633 sqft 0.11 AC lot

    Four-unit property with two street-facing commercial spaces and two residential units, including one with a deck.

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    Mixed-Use Fourplex with Street Retail
    Mixed-Use Fourplex with Street Retail

    883 Lighthouse AVE, Monterey, CA 93940

    $1,500,000
    0.11 AC lot

    Four-unit mixed-use property with two street-facing commercial units and two residential units, including a rear detached 1BD.

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    Monterey Medical Office Building
    Monterey Medical Office Building

    167 Davis Ln, Monterey, CA 93940

    $1,350,000
    2,537 sqft

    Medical office building in Monterey's medical district.

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    Lighthouse Avenue Retail Opportunity
    Lighthouse Avenue Retail Opportunity

    585-599 Lighthouse Ave, Monterey, CA

    $2,200,000
    5,049 sqft 0.41 AC lot

    Retail properties on Lighthouse Ave, Monterey, CA for sale.

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    Monterey Retail Property For Sale
    Monterey Retail Property For Sale

    2240-2252 Fremont St, Monterey, CA

    $1,940,000
    7,120 sqft 0.47 AC lot

    Retail property with high visibility and redevelopment potential in Monterey.

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    Professional Office Space Available
    Professional Office Space Available

    9600 Blue Larkspur Ln, Monterey, CA

    $2,200,000
    3,730 sqft 0.10 AC lot

    Professional office space for lease or purchase with ample parking.

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    Corner Retail Building with Loading Door
    Corner Retail Building with Loading Door

    299 Lighthouse Avenue, Monterey, CA 93940

    $3,800,000
    16,000 sqft

    Almost 16,000 SF corner retail building on a major Monterey thoroughfare with a roll-up loading door on a side street.

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    Retail Space Building
    Retail Space Building

    1400 Munras Ave, Monterey, CA 93940

    Contact for pricing
    9,456 sqft

    For sale retail property offering 9,456 square feet of flexible commercial space on Munras Ave.

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    Monterey Commercial Property for Sale
    Monterey Commercial Property for Sale

    527-539 Ramona Ave, Monterey, CA 93940

    $3,690,000
    0.68 AC lot

    Commercial property available for purchase in Monterey, California.

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    Retail Property in Monterey, CA
    Retail Property in Monterey, CA

    439 Alvarado St, Monterey, CA

    $5,000,000
    11,972 sqft 0.28 AC lot

    Multi-tenant retail property in a dense, affluent Monterey community.

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    Monterey Commercial Land For Sale
    Monterey Commercial Land For Sale

    2242 Fremont St, Monterey, CA 93940

    $1,940,000
    0.47 AC lot

    Commercial land available in Monterey, California.

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    Medical Office Building
    Medical Office Building

    965 Pacific St, Monterey, CA 93940

    $850,000

    For-sale medical and office space at 965 Pacific St in Monterey, CA 93940.

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    Medical Office Condos For Sale
    Medical Office Condos For Sale

    900 Cass St, Monterey, CA

    $1,000,000
    1,425 sqft 0.42 AC lot

    Two medical office condos in Monterey, one vacant, one leased.

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    Specialty Commercial Property
    Specialty Commercial Property

    31 Soledad Dr, Monterey, CA 93940

    $1,799,000

    For sale as a specialty commercial real estate asset at 31 Soledad Dr in Monterey, CA 93940.

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    Vacant Land in North Fremont
    Vacant Land in North Fremont

    2122 Fremont St, Monterey, CA

    $399,000
    0.20 AC lot

    Vacant infill property in the North Fremont Specific Plan.

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    Specialty Commercial Property
    Specialty Commercial Property

    498 Fremont St, Monterey, CA 93940

    $11,490,000

    For sale specialty property at 498 Fremont St, with reported bike, walk, and transit scores of 28, 32, and 34.

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    Ocean-View Gated Land Parcel
    Ocean-View Gated Land Parcel

    24545 Via Malpaso (Lot 94), Monterey, CA 93940

    $1,200,000
    11.00 AC lot

    Gently sloping meadow with ocean and mountain views, a natural spring, and options for vineyard or subdivision.

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    Motel 6 in Monterey
    Motel 6 in Monterey

    2124 N Fremont St, Monterey, CA 93940

    $9,150,000
    13,037 sqft

    Privately owned Motel 6 near Monterey State Beach.

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    Retail Space Near Highway 1
    Retail Space Near Highway 1

    451-465 Canyon Del Rey Blvd, Monterey, CA 93940

    Contact for pricing
    2,188 sqft 2.94 AC lot

    Retail property with direct highway access and regional draw.

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    Corner Lot Medical Office Building
    Corner Lot Medical Office Building

    590 Del Monte Ave, Monterey, CA 93940

    $999,000
    1,090 sqft

    Renovated dental office on a corner lot near major Monterey destinations, with a current in-place lease.

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    Cannabis Retail Storefront & Delivery
    Cannabis Retail Storefront & Delivery

    889 Abrego St, Monterey, CA 93940

    Contact for pricing
    5,100 sqft

    Fully operational cannabis storefront and delivery business with no current debt in Monterey County.

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    Monterey Mixed-Use Income Property
    Monterey Mixed-Use Income Property

    883 Lighthouse Ave, Monterey, CA 93940

    $1,500,000

    Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.

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    Monterey, CA Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Monterey, CA, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 81,156 square feet of properties for sale, with an estimated market value of $32,829,000.

    Sale prices for business properties in Monterey, CA start at $999,000, averaging $2,984,454, and reaching up to $9,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 34K
    Population Growth (5Y) -4.5%
    Median Household Income $110,669
    College Educated 85.9%

    High-Yield Neighborhoods for Investment

    Identify Monterey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93940 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 0.92%
    Property Tax per SF $9.11 per SF
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Monterey fall within the 100,000+ square foot range.

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