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Medical Office Condos For Sale
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900 Cass St, Monterey, CA 93940

Two medical office condos in Monterey, one vacant, one leased.

Property SizeContact for details
Days on Market749

Property Features for 900 Cass St

General Information

Standard status Active
Property subtype Office

Building Details

Units 2
Listing Agency: Mahoney & Associates
Listed By: Patrick Stafford · License #01857243
Source: Crexi
Added: Aug 14, 2024 Changed: Aug 28 Last Checked: Aug 31 at 9:51PM

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

Investment Insights

Based on property information with market context.

Two medical office condos are available for purchase at 900 Cass Street in Monterey. Suite 101 will be delivered vacant upon closing of escrow, while Suite 102 will be delivered with a lease in place. The units feature upgraded Class A finishes. Located in the Cass Street medical area and close to downtown Monterey, this property offers the opportunity for a buyer to occupy Suite 101 with their business while collecting rent from Unit 102.

Key Highlights

  • Opportunity to occupy Suite 101 while collecting rent from Suite 102.
  • Located in the heart of the Cass Street medical area.
  • Close proximity to downtown Monterey.

Property Analytics

Current Use

The Monterey Program for Executive ... Hospital Dr. James E. ... Physician Abc Eye Care Ophthalmologist James E Ramseur, ... Physician Monterey Joint Replacement ... Medical Clinic

Suggested Use

Top Pick HVAC Service Barber Shop Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Home Appliance Store

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

2,797
Businesses Nearby
Balanced
Demand for This Use

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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two medical office condos in Monterey, one vacant, one leased.
Where is this medical office space located?
The property is located at 900 Cass St Monterey, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Opportunity to occupy Suite 101 while collecting rent from Suite 102.; Located in the heart of the Cass Street medical area.; Close proximity to downtown Monterey.
(831) 238-3592 Call to check price and availability
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