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Freestanding Bank Branch with Parking
For Sale
Contact for pricing
Pending

601 Lighthouse Ave, Pacific Grove, CA 93950

Former bank branch offers parking for 15 cars and is zoned C-D in downtown Pacific Grove.

Property SizeContact for details
Days on Market148

Property Features for 601 Lighthouse Ave

General Information

Standard status Pending
Total Parking Spaces 15
Property subtype Retail
Zoning C-D
Listing Agency: JLL - San Francisco, California
Listed By: Jeff Badstubner · License #CA 01155279
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 2 at 9:53AM

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 JLL - San Francisco, California

Investment Insights

Based on property information with market context.

This rare, freestanding former bank branch is available for reuse, repositioning, or redevelopment. The property includes parking for 15 cars and is configured as a dedicated standalone building suitable for a range of adaptive reuse concepts.

Located in the heart of downtown Pacific Grove, the building sits adjacent to a city parking lot and is about three blocks from Lovers Point and Lovers Beach. The property is zoned C-D.

The combination of freestanding site control, on-site parking, and downtown adjacency to public parking makes the asset a practical candidate for an owner-user or investor-led conversion project within the existing zoning framework.

Key Highlights

  • Freestanding former bank branch building with parking for 15 cars
  • Located in the heart of downtown Pacific Grove
  • Adjacent to a City parking lot

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Barber Shop Catering Service Cosmetic Store HVAC 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

1,171
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Home Improvements & Furnishings 40% Dining 9%
Shell Shops & Services
3,471 visits/mo 0.2 miles
Pacific Grove Hardware Home Improvements & Furnishings
2,722 visits/mo 0.2 miles
Peace, Love & Little Donuts Dining
595 visits/mo 0.4 miles

Demographics for 93950, CA

15,082
Population
8,315
Households
1.8
Avg Household Size
49
Median Age
58%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
5,386
Density / Sq Mi
$105,568
Median Household Income
$62,185
Median Earnings
$2,384
Median Rent
$1,129,400
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former bank branch offers parking for 15 cars and is zoned C-D in downtown Pacific Grove.
Where is this bank located?
The property is located at 601 Lighthouse Ave Pacific Grove, CA.
What are key features of this property?
This property features: Freestanding former bank branch building with parking for 15 cars; Located in the heart of downtown Pacific Grove; Adjacent to a City parking lot
(415) 395-4900 Call to check price and availability
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