590 Del Monte Ave, Monterey, CA 93940
Renovated dental office on a corner lot near major Monterey destinations, with a current in-place lease.
- Added:
- Jul 15, 2024
- Days on Market:
- 700
- Last Refresh:
- Jun 6 at 5:53 am
Property Features for 590 Del Monte Ave
General Information
- Standard status
- Active
- Size
- 1,090 SF
- Property subtype
- Land
Listing agent The Ruiz Group (831) 277-8712
Listing office KW Coastal Estates (831) 277-8712
Listing date Jul 15, 2024
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal Estates
HighLights
- Corner lot near Downtown Monterey, Fisherman's Wharf, and Del Monte Beach
- 8,400 SF flat usable site with a 1,090 SF newly renovated building currently leased to a dental office
- Tenant has a three‑year lease with an option for five more years at market rate
- Tenant completed a $300,000 remodel including new sewer lateral, plumbing, electrical, and roof (rent currently below market)
- Property is zoned for high density multi‑family
- Tenant willing to renegotiate lease terms; shown by appointment only (do not disturb)
Overview
The site is located on a corner lot and is described as being close to Downtown Monterey, Fisherman's Wharf, and Del Monte Beach, along with other nearby amenities. Access and visibility are supported by the corner-lot positioning. The property is shown by appointment only, and the business is not for sale; the tenant has expressed a desire to remain.
For buyers evaluating an owner-occupied or income-focused strategy, the asset offers a turn-key medical office setting with ongoing occupancy under the existing lease. The property is also stated to be zoned for high-density multi-family, providing additional planning flexibility for a future development direction while keeping the tenant in place. Tenants may be willing to renegotiate lease terms, subject to agreement. Please do not disturb the tenant; viewings are appointment-only.
Current Use by Public Records
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- Shade's Shelties — 1029 Hellam St, Monterey, CA 93940, United States
- Shade Donna DVM — 1029 Hellam St, Monterey, CA 93940
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Monterey
- State
- California
- Longitude
- -121.8890847
- Latitude
- 36.5996782