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Net-Leased Medical Office Building

447 Figueroa St Monterey, CA 93940

447 Figueroa St, Monterey, CA, 93940
$1,100,000
For Sale
$1,100,000

Completely renovated 2014 building leased long-term on an NNN basis to a single tenant.

Days on Market67

Property Features for 447 Figueroa St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1940
Listing agency Mahoney & Associates
Listed by Patrick Stafford · License #01857243
Source Elliman
Added: May 17 Updated: Jul 22 at 12:47AM Checked: Jul 22 at 12:47AM

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 Mahoney & Associates


Investment Insights

Based on property information with market context.

447 Figueroa was completely renovated in 2014 and is offered as a single-tenant, net-leased property. The building is currently leased on a long-term NNN basis to Harmony Place Monterey, with the tenant recently extending the lease. The new lease expiration date is December 31, 2029.

The property is described as being just a block from the beach and Fisherman’s Wharf. WalkScore is 32 and car-dependency is noted, with transitScore of 34 and bikeScore of 28.

This offering provides an NNN structure backed by an extended, long-term tenant commitment through the stated lease expiration date.

Key Highlights

  • Completely renovated in 2014; year built 1940
  • Long‑term single‑tenant net‑leased property leased to Harmony Place Monterey
  • Lease extended with expiration date of December 31, 2029

Property Analytics

Location Intelligence

Current Use by Public Records

Classic Catering Take-out & Catering

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Pet Store Pet Store & Service

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

Similar Off Market Nearby

  • Aguajito Veterinary Hospital — 1221 10th St, Monterey, CA 93940
  • Nichols Veterinary Care — 571 E Franklin St Suite C, Monterey, CA 93940
  • Monterey Area Emergency Veterinarians — 620 munras ave, monterey, ca 93940
  • Shade's Shelties — 1029 Hellam St, Monterey, CA 93940, United States
  • Shade Donna DVM — 1029 Hellam St, Monterey, CA 93940

FAQs

What type of property is this?
Medical Office Space - Completely renovated 2014 building leased long-term on an NNN basis to a single tenant.
Where is this medical office space located?
The property is located at 447 Figueroa St Monterey, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Completely renovated in 2014; year built 1940; Long‑term single‑tenant net‑leased property leased to Harmony Place Monterey; Lease extended with expiration date of December 31, 2029
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