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

595 Figueroa Street, Monterey, CA 93940

CommercialSale, Monterey, CA

Property Size3,456 SF
Lot Size0.11 Acres
Price / SF$622.65
Days on Market16

Property Features for 595 Figueroa Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning PC-D-ES
Parking 4
Subdivision DowntownFishermanWharf
Standard status Active
APN 001-725-002-000
Size 3,453 SF
Lot size 0.11 Acres

Utilities

Sewer type Public Sewer
Heating system Central, Forced Air, Natural Gas
Water source Public

Building Details

Year built 1982
Floors in Building 2
Roof type Shingle
Listing Agency: Real Brokerage Technologies
Listed By: Miguel Amaya · License #02077749
Added: Oct 6 Changed: Oct 21 Last Checked: Oct 21 at 6:06AM
MLS# ML82063709

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This two-story office property contains multiple offices, 4 bathrooms, and 5 separate entrances. Two stairways, positioned at opposite ends of the building, provide access between floors. The property was built in 1982 and occupies a 0.1071-acre corner lot. Central, forced-air, natural-gas heating is installed, and the site has public water and sewer service.

The property is a 7-minute walk from Del Monte Beach and is near Downtown Monterey, Lake El Estero, restaurants, banks, and schools. The site also offers views of Monterey Bay.

Plans are being pursued with the City for 3 residential units, with 2 upstairs and 1 downstairs. That configuration, as well as residential conversion or a mixed-use arrangement, remains subject to City approval and applicable regulations.

Key Highlights

  • Two‑story office building with multiple offices and 4 bathrooms
  • 5 separate entrances and two stairways at opposite ends of the building
  • 0.1071‑acre corner lot with parking for 8+ vehicles

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

Frequently Asked Questions

What type of property is this?
Office building - Separate entry points and stairways serve the two levels, with on-site parking for multiple vehicles.
Where is this office building located?
The property is located at 595 Figueroa Street 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: Two‑story office building with multiple offices and 4 bathrooms; 5 separate entrances and two stairways at opposite ends of the building; 0.1071‑acre corner lot with parking for 8+ vehicles
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