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    842 Lighthouse Ave Pacific Grove, CA 93950

    Sponsored
    For Lease
    $19 SF/Yr ($20,000 /Mo)

    Lighthouse Ave retail, multiple suites available

    Lot size:
    12,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property at 842 Lighthouse Avenue in Pacific Grove, California, offers a unique opportunity for businesses seeking high-visibility locations. The two-story building boasts a total of 12,500 square feet, divided into six suites. Currently, 9,766 square feet are available for lease, offering flexible space options. Businesses can lease spaces ranging from a minimum of 2,327 square feet to a maximum contiguous space of 10,000 square feet. The property is zoned for commercial use and is situated on busy Lighthouse Avenue, providing excellent street-level exposure. Enjoy stunning ocean views and proximity to Cannery Row and the Monterey Bay Aquarium. This prime location offers unparalleled access to a thriving tourist and local market. The building's convenient location provides easy access for customers and employees alike. With its multiple suite options, this property is ideal for a variety of retail businesses, offering the flexibility to accommodate diverse needs. The property is located in Monterey County, California, with a zip code of 93950. The address is 842 Lighthouse Ave, Pacific Grove, CA 93950, and the cross street is David Avenue.

    Property Features for 842 Lighthouse Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,500 SF
    Total Rate
    20000

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Lower floor
    Size
    2,327 SF
    Space
    Main Floor
    Size
    7,439 SF
    Rate per SF
    $19

    HighLights

    • Prime Cannery Row location, steps from hotels, Monterey Bay Aquarium, and major tourist attractions.
    • Excellent retail location near Starbucks, FedEx, UPS, and numerous restaurants and shops.
    • High‑visibility street‑level storefront with window display.
    • Convenient conveyor system connecting Foam St. and Lighthouse Ave. levels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pacific Grove
    County
    Monterey
    State
    California
    Longitude
    -121.9242553
    Latitude
    36.6244731

    Nearby Comparable

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    Nearby Similar for Lease

    • Contact for pricing
      6,898 SF

      Retail Space in Pacific Grove

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      120 Country Club Gate Ctr, Pacific Grove, CA 93950
      View Details
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      160 Country Club Gate Ctr, Pacific Grove, CA 93950
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      Downtown Pacific Grove Retail Space

      Retail space for lease in downtown Pacific Grove.
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      Retail Space Near Grocery Stores

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      1219 Forest Ave, Pacific Grove, CA 93950
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    FAQs

    What type of property is this?
    Retail property - Lighthouse Ave retail, multiple suites available
    Where is this retail property located?
    The property is located at 842 Lighthouse Ave Pacific Grove, CA.
    What is the lease rate?
    The lease rate is $0.00-$19 SF/Yr.
    What are key features of this property?
    This property features: Prime Cannery Row location, steps from hotels, Monterey Bay Aquarium, and major tourist attractions.; Excellent retail location near Starbucks, FedEx, UPS, and numerous restaurants and shops.; High-visibility street-level storefront with window display.
    Request Owner's contact information
    842 Lighthouse Ave Pacific Grove, CA 93950
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    Pacific Grove, CA 93950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    842 Lighthouse Ave Pacific Grove, CA 93950
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