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Restaurant Space with Patio
For Lease
$9,500/Mo

220 Olivier ST, Monterey, CA 93940

An installed kitchen, dishwashing station, bar fixtures, and beer lines support restaurant operations.

Space SizeContact for details
Property Size1,392 SF
Days on Market24

Property Features for 220 Olivier ST

General Information

Standard status Active
Size 1,392 SF
Property subtype CommercialLease

Restaurant

Seating Capacity 70
Patio Yes
Equipment Included Yes
Liquor License Yes
Second-Generation Restaurant Yes

Additional Details

Space Use Restaurant

Building Details

Building Size 1,392 SF
Year Built 1972
Listing Agency: Sotheby's International Realty
Listed By: J.R. Rouse Properties Group · License #01299649
Source: Jrrouseproperties
Added: Oct 6 Changed: Oct 28 Last Checked: Oct 26 at 11:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty

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Investment Insights

Based on property information with market context.

Restaurant space at 220 Olivier Street in Monterey includes a kitchen, a dedicated dishwashing area, existing bars, and installed beer lines. Seating is divided between approximately 50 outdoor seats and 20 indoor seats, with patio dining and indoor service areas. Use of a full liquor license is offered, subject to applicable approvals and lease terms.

The property is near Fisherman’s Wharf and the Portola Hotel & Spa in downtown Monterey. The location previously housed Indian Summer restaurant and lounge.

Key Highlights

  • Approximately 50 outdoor seats and 20 indoor seats
  • Kitchen, dedicated dishwashing station, existing bars, and installed beer lines
  • Use of a full liquor license offered, subject to applicable approvals and lease terms

Property Analytics

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Open Analytics

Current Use

Aabha Indian cuisine Restaurant Indian summer Restaurant

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop Pet Grooming Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Liquor license
NNN (Triple Net)
Lease Type
$12.29 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,379
Businesses Nearby
162k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 21% Groceries 18% Hotels & Casinos 9%
McDonald's Dining
38,445 visits/mo 0.4 miles
Trader Joe's Groceries
29,588 visits/mo 0.5 miles
Peet's Coffee & Tea Dining
15,333 visits/mo 0.4 miles
Monterey Marriott Hotels & Casinos
15,072 visits/mo 0.2 miles
Bank of America Shops & Services
9,197 visits/mo 0.3 miles

Demographics for 93940, CA

30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • 831 Catering — 453 Van Buren St, Monterey, CA 93940
  • Classic Catering — 447 Figueroa St, Monterey, CA 93940
  • Top Shelf Catering — 661 W Franklin St A, Monterey, CA 93940
  • Honey & Rose Event Bartenders — Monterey, CA 93940
  • Tutto Buono Eataliano — 598 lighthouse ave, monterey, ca 93940

Frequently Asked Questions

What type of property is this?
Restaurant - An installed kitchen, dishwashing station, bar fixtures, and beer lines support restaurant operations.
Where is this restaurant located?
The property is located at 220 Olivier ST Monterey, CA.
What is the lease rate?
The lease rate is $9,500/Mo.
What are key features of this property?
This property features: Approximately 50 outdoor seats and 20 indoor seats; Kitchen, dedicated dishwashing station, existing bars, and installed beer lines; Use of a full liquor license offered, subject to applicable approvals and lease terms
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