Medical Office Space with Exam
For Sale
Contact for pricing
757 Pacific St, Monterey, CA 93940
The suite includes patient reception, private offices, and dedicated basement storage.
Property Size1,670 SF
Price / SF$470.06
Days on Market222
Property Features for 757 Pacific St
General Information
Standard status
Active
Size
1,670 SF
Property subtype
OFFICE
Listing Agency:
Mahoney & Associates Commercial Real Estate
(831) 646-1919
Listed By:
Ryan C. Edwards · License #CA 01403313
(831) 915-2534
Source:
Moodyscre
Added: Mar 9
Changed: Oct 14
Last Checked: Oct 16 at 11:38AM
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 Mahoney & Associates Commercial Real Estate
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Investment Insights
Based on property information with market context.
This 1,670-square-foot medical office suite at 757 Pacific St in Monterey is configured for clinical and administrative use. The interior includes four exam rooms, a reception and waiting area, and two private offices, each with a closet and balcony. Basement storage adds dedicated space for records, supplies, or other operational needs.
The property is part of a medical condominium project and includes parking. Its layout combines patient-facing areas with private workspaces and supporting storage within a single suite. The interior is described as well maintained and functional, providing an established medical office configuration at the Pacific Street address.
The property is part of a medical condominium project and includes parking. Its layout combines patient-facing areas with private workspaces and supporting storage within a single suite. The interior is described as well maintained and functional, providing an established medical office configuration at the Pacific Street address.
Key Highlights
- 1,670‑square‑foot medical office suite at 757 Pacific St, Monterey, CA 93940
- Four exam rooms for clinical operations
- Two private offices, each with a closet and balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,256
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,120
$565.1K
Cap Rate 7%
$403,657
$403.7K
Cap Rate 9%
$313,956
$314.0K
Market Conditions
NOI Build-Up for 1,670 SF
Gross rent
$50.1K $30.00/SF
− Vacancy
−$3.0K −$1.80/SF
EGI
$47.1K $28.20/SF
− OpEx
−$18.8K −$11.28/SF
NOI
$28.3K $16.92/SF
Area
Monterey County, CA
Vacancy
6.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,120
Cap Rate 7%
$403,657
Cap Rate 9%
$313,956
Alternative Uses
Best Use
Healthcare Medical
$403.7K
$353.2K – $470.9K
NOI $28,256 @ 7.0% cap · market cap 3.60%
Second Best
Office B
$335.0K
$293.1K – $390.8K
NOI $23,447 @ 7.0% cap · market cap 2.99%
Theoretical Best
Specialty Retail
$637.7K
$558.0K – $743.9K
NOI $44,636 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,797
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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- Shade's Shelties — 1029 Hellam St, Monterey, CA 93940, United States
- Shade Donna DVM — 1029 Hellam St, Monterey, CA 93940
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite includes patient reception, private offices, and dedicated basement storage.
Where is this medical office space located?
The property is located at 757 Pacific St Monterey, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: 1,670‑square‑foot medical office suite at 757 Pacific St, Monterey, CA 93940; Four exam rooms for clinical operations; Two private offices, each with a closet and balcony
