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Monterey Mixed-Use Income Property

883 Lighthouse Ave, Monterey, CA 93940

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For Sale

$1,500,000

Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.

Type:Commercial

HighLights

Premier Monterey location: Blocks from Monterey Bay Aquarium, Cannery Row, and the waterfront.
Mixed‑use property: Two commercial units and two residential units for diversified income.
High visibility: Street‑facing commercial units on busy Lighthouse Avenue.
Excellent walkability: Walk Score of 90.
Residential unit amenities: 2BD/1BA apartment includes a deck and off‑street parking.
Investment or owner‑user potential: Ideal for generating income or occupying a unit.

We can help!

Listing Contact

Debra Buonaguidi

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For Sale

$1,500,000

Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 8:19 pm

Property Features for 883 Lighthouse Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1966

We can help!

Listing Contact

Debra Buonaguidi

Listing agent Debra Buonaguidi License #70000352

Listing office Keller Williams Coastal Estates

Listing date Apr 24, 2026

Source Elliman

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 Keller Williams Coastal Estates

HighLights

Premier Monterey location: Blocks from Monterey Bay Aquarium, Cannery Row, and the waterfront.
Mixed‑use property: Two commercial units and two residential units for diversified income.
High visibility: Street‑facing commercial units on busy Lighthouse Avenue.
Excellent walkability: Walk Score of 90.
Residential unit amenities: 2BD/1BA apartment includes a deck and off‑street parking.
Investment or owner‑user potential: Ideal for generating income or occupying a unit.

Overview

This is a four-unit mixed-use commercial and residential property located in Monterey, a few blocks from the Monterey Bay Aquarium, Cannery Row, and the waterfront. The property includes two street-facing commercial units on Lighthouse Avenue, offering visibility and foot traffic. There are also two residential units: a two-bedroom, one-bathroom apartment above the commercial spaces with a deck and off-street parking, and a detached one-bedroom, one-bathroom apartment at the rear of the lot. The location has a walk score of 90, indicating it is very walkable, and a bike score of 64, indicating it is bikeable. The transit score is 34, indicating some transit options are available. This property is suitable for investors or owner-users seeking diversified income in Monterey.

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Local Demand

City: Monterey
County: Monterey
State: California
Longitude: -121.9043845
Latitude: 36.6163884

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For sale
Mixed-use properties
CA
Monterey
93940
883 Lighthouse Ave

What type of property is this?

Mixed-use property - Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.

Where is this mixed-use property located?

The property is located at 883 Lighthouse Ave Monterey, CA.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Premier Monterey location: Blocks from Monterey Bay Aquarium, Cannery Row, and the waterfront.; Mixed‑use property: Two commercial units and two residential units for diversified income.; High visibility: Street‑facing commercial units on busy Lighthouse Avenue.