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Mixed-Use Property with High Ceilings
For Sale
Contact for pricing
Pending

482 Alvarado St, Monterey, CA 93940

Flexible interiors feature spacious layouts and high ceilings for retail, restaurant, or office configurations.

Property SizeContact for details
Days on Market143

Property Features for 482 Alvarado St

General Information

Standard status Pending
Property subtype Mixed Use, Retail, Office
Listing Agency: Sotheby's Int'l Realty
Listed By: Young Seon Myong · License #CA 01004504
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:11PM

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 Int'l Realty

Investment Insights

Based on property information with market context.

This mixed-use property offers spacious interior layouts, high ceilings, and a flexible floor plan that can be customized for retail, restaurant, or office use. The configuration provides a broad commercial framework for a range of business concepts while retaining a welcoming environment for customers and employees.

Located in downtown Monterey, the property is surrounded by popular attractions, shops, and restaurants. Its central setting places the asset within Monterey’s active community and tourist-oriented environment, with a context suited to businesses seeking a presence among established commercial and dining activity.

Key Highlights

  • Spacious interior layouts with high ceilings
  • Flexible floor plan supports retail, restaurant, or office use
  • Located in downtown Monterey

Property Analytics

Current Use

Monterey Imports Clothing Store CoinFlip Bitcoin ATM Atm Finch and Pirkle Insurance Insurance Agency Old Capitol Books (Bike/Boat/Book/etc) Store Twisted Roots Monterey ... (Bike/Boat/Book/etc) Store

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

2,935
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible interiors feature spacious layouts and high ceilings for retail, restaurant, or office configurations.
Where is this mixed-use property located?
The property is located at 482 Alvarado St Monterey, CA.
What are key features of this property?
This property features: Spacious interior layouts with high ceilings; Flexible floor plan supports retail, restaurant, or office use; Located in downtown Monterey
More about this property
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