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Two-Story Office Building
For Sale
$2,150,000

595 Figueroa ST, Monterey, CA 93940

Separate entrances and stairs at opposite ends support independent access to both levels.

Property Size3,453 SF
Price / SF$622.11
Days on Market10

Property Features for 595 Figueroa ST

General Information

Standard status Active
Size 3,453 SF
Property subtype CommercialProperty

Additional Details

Corner Location Yes

Building Details

Building Size 3,453 SF
Year Built 1982
Buildings 1
Stories 2
Listing Agency: Real Brokerage Technologies
Listed By: Miguel Amaya · License #02077749
Source: Carmelvalleyrealtycompany
Added: Oct 6 Changed: Oct 13 Last Checked: Oct 13 at 2:38AM

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 Real Brokerage Technologies

Investment Insights

Based on property information with market context.

This two-story office building contains approximately 3,456 square feet, with multiple offices and four bathrooms. Five separate entrances and stairways positioned at opposite ends of the building provide access to each floor. The property was built in 1982 and sits on a corner lot with parking for more than eight vehicles.

Monterey Bay views are visible from the property. Del Monte Beach is a seven-minute walk away, with Downtown Monterey, Lake El Estero, restaurants, banks, and schools also nearby.

Plans for three residential units are being pursued with the City: two upstairs and one downstairs. Residential conversion or a mixed-use layout, with retail below and residential space above, would require City approval and compliance with applicable regulations.

Key Highlights

  • Approximately 3,456 square feet across two stories
  • Five separate entrances and two stairways at opposite ends
  • Multiple offices and four bathrooms

Property Analytics

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Current Use

Office buildings

Suggested Use

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

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

3,038
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Office building - Separate entrances and stairs at opposite ends support independent access to both levels.
Where is this office building located?
The property is located at 595 Figueroa ST Monterey, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Approximately 3,456 square feet across two stories; Five separate entrances and two stairways at opposite ends; Multiple offices and four bathrooms
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