Advertise
    Monterey, CA
    Medical Premises

    Monterey, CA Medical Office Space for Sale

    Notify Me
    List
    Map
    Pacific Grove, CA Seaside, CA Pebble Beach, CA Sand City, CA Carmel, CA Carmel Valley, CA Marina, CA Carmel Highlands, CA
    8 properties
    Sort:
    Monterey Medical Office Building
    Updated: Apr 24
    Monterey Medical Office Building

    167 Davis Ln, Monterey, CA 93940

    $1,350,000
    2,537 sqft
    Approved City of Monterey Use Permit for conversion to residential and commercial units.
    Potential for a 1,464 sq. ft. residential unit.
    Includes a 1,073 sq. ft. commercial office space.
    Located in the heart of Monterey's medical district.
    Property listed as 167 Davis in tax records.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    167 Davis Ln, Monterey, CA 93940

    View Property Analytics

    • Est. Cap Rate

      3.2%
      NOI ÷ price

    • Est. NOI

      $43K
      Annual

    • Price @ 7% Cap

      $613K
      Suggested

    • Last Sold

      May 2017
      $900K

    • Property Type

      Medical Building
      Built 1954
    View Property Analytics
    Elevator-Served Medical Office Building
    Updated: Dec 12, 2025
    Elevator-Served Medical Office Building

    910 Major Sherman Ln, Monterey, CA 93940

    Contact for pricing
    6,159 sqft
    6,159 SF multi‑tenant medical office building near downtown Monterey
    Wood frame/stucco construction with a parking garage on the first level
    Medical offices on the second and third floors
    Elevator served building
    Top floor can be used by an owner/user or re‑tenant for investment
    View details
    Net-Leased Medical Office Building
    Net-Leased Medical Office Building

    447 Figueroa St, Monterey, CA 93940

    $1,100,000

    Completely renovated 2014 building leased long-term on an NNN basis to a single tenant.

    View details
    Medical Office Building
    Medical Office Building

    965 Pacific St, Monterey, CA 93940

    $850,000

    For-sale medical and office space at 965 Pacific St in Monterey, CA 93940.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Two Medical Office Condos
    Two Medical Office Condos

    900 Cass St, Monterey, CA 93940

    Contact for pricing
    1,068 sqft

    Purchase two Class A medical office condos, with one suite vacant and one leased at close of escrow.

    View details
    Corner Lot Medical Office Building
    Corner Lot Medical Office Building

    590 Del Monte Ave, Monterey, CA 93940

    $999,000
    1,090 sqft

    Renovated dental office on a corner lot near major Monterey destinations, with a current in-place lease.

    View details
    Medical Office Condo Opportunity
    Medical Office Condo Opportunity

    900 Cass St, Monterey, CA 93940

    Contact for pricing
    1,425 sqft

    Purchase two medical office condos, with Suite 101 delivered vacant and Suite 102 delivered leased.

    View details
    Medical Office Condos For Sale
    Medical Office Condos For Sale

    900 Cass St, Monterey, CA 93940

    Contact for pricing

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

    View details
    Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 8 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Versatile Commercial Property in Watsonville
    Versatile Commercial Property in Watsonville

    217 E Lake Ave, Watsonville, CA 95076

    $1,000,000
    3,747 sqft 0.21 AC lot

    Multi-suite property ideal for investors and owner-users.

    View details
    Multi-Suite Office Building
    Multi-Suite Office Building

    217 E Lake AVE, Watsonville, CA 95076

    $899,000
    0.21 AC lot

    Multi-suite office property with 7 offices and 1 medical suite on a single lot.

    View details
    Medical Office Building with Parking
    Medical Office Building with Parking

    1850 N Main Street, Salinas, CA 93906

    $1,350,000
    3,120 sqft 0.36 AC lot

    Standalone medical office facility with lobby, exam rooms, and lab, supported by 17 off-street parking spaces.

    View details
    Medical Office Condo Corner Suite
    Medical Office Condo Corner Suite

    A1-1326 Natividad Rd, Salinas, CA 93906

    Contact for pricing
    992 sqft

    Corner unit medical office condo with an open layout and a private bathroom within the Valle Verde medical condominium.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Commercial Development Lot
    Vacant Commercial Development Lot

    704 N Fresno Street, Fresno, CA 93701

    $199,900
    0.34 AC lot

    Vacant commercial lot near Fresno Community Regional Medical Center and Hwy 41/Tulare Ave exit.

    View details
    Visalia Commercial Land Opportunity
    Visalia Commercial Land Opportunity

    4242 West Mineral King Avenue, Visalia, CA 93291

    $269,500
    18,152 sqft 0.42 AC lot

    Unimproved parcel for custom headquarters in Visalia's professional hub.

    View details
    Visalia Land Parcel Opportunity
    Visalia Land Parcel Opportunity

    4232 West Mineral King Avenue, Visalia, CA 93291

    $239,500
    15,581 sqft 0.36 AC lot

    Unimproved land parcel for custom professional headquarters in Visalia, CA.

    View details
    Prime Commercial Parcel on Centerville
    Prime Commercial Parcel on Centerville

    1349 Centerville Lane, Gardnerville, NV 89410

    $1,300,000
    99,316 sqft 2.28 AC lot

    Highly visible 2.28-acre commercial parcel near Highway 395.

    View details

    Off-Market Properties in Monterey, CA

    Consider similar Off-Market properties in Monterey, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    167 El Dorado St
    MEDICAL BUILDING

    167 El Dorado St, Monterey, CA 93940-3117

    Value Estimation by Request
    912 sqft 0.11 AC lot
    View details
    1062 Cass St
    MEDICAL BUILDING

    1062 Cass St, Monterey, CA 93940-4509

    $1,700,000
    Estimated value
    2,341 sqft 0.15 AC lot
    View details
    22 Dormody Ct
    MEDICAL BUILDING

    22 Dormody Ct, Monterey, CA 93940-2903

    $600,000
    Estimated value
    1,780 sqft 0.17 AC lot
    View details
    182 El Dorado St
    MEDICAL BUILDING

    182 El Dorado St, Monterey, CA 93940-3118

    Value Estimation by Request
    982 sqft 0.13 AC lot
    View details
    30 Gdn Ct
    MEDICAL BUILDING

    30 Gdn Ct, Monterey, CA 93940-5302

    Value Estimation by Request
    174 sqft 6.93 AC lot
    View details
    245 Washington St
    MEDICAL BUILDING

    245 Washington St, Monterey, CA 93940-2409

    $2,100,000
    Estimated value
    0.23 AC lot
    View details
    889 Pacific St
    MEDICAL BUILDING

    889 Pacific St, Monterey, CA 93940-4445

    $1,015,000
    Estimated value
    3,719 sqft 0.28 AC lot
    View details
    Monterey, CA 93940
    MEDICAL BUILDING

    Monterey, CA 93940

    $1,070,000
    Estimated value
    0.04 AC lot
    View details
    1088 Cass St
    MEDICAL BUILDING

    1088 Cass St, Monterey, CA 93940-4509

    $1,100,000
    Estimated value
    1,313 sqft 0.09 AC lot
    View details
    980 Cass St
    MEDICAL BUILDING

    980 Cass St, Monterey, CA 93940-4507

    $2,520,000
    Estimated value
    6,521 sqft 0.58 AC lot
    View details
    333 El Dorado St
    MEDICAL BUILDING

    333 El Dorado St, Monterey, CA 93940-4606

    $510,000
    Estimated value
    12,310 sqft 3.09 AC lot
    View details
    167 Davis Ln
    MEDICAL BUILDING

    167 Davis Ln, Monterey, CA 93940

    $590,000
    Estimated value
    2,537 sqft 0.16 AC lot
    View details
    335 El Dorado St
    MEDICAL BUILDING

    335 El Dorado St, Monterey, CA 93940-4625

    Value Estimation by Request
    11,066 sqft 1.09 AC lot
    View details
    5 Via Joaquin
    MEDICAL BUILDING

    5 Via Joaquin, Monterey, CA 93940-4530

    $1,165,000
    Estimated value
    4,194 sqft 0.38 AC lot
    View details
    801 Cass St
    MEDICAL BUILDING

    801 Cass St, Monterey, CA 93940-2904

    $845,000
    Estimated value
    2,497 sqft 0.19 AC lot
    View details
    400 Pearl St
    MEDICAL BUILDING

    400 Pearl St, Monterey, CA 93940-3018

    $1,690,000
    Estimated value
    5,580 sqft 0.21 AC lot
    View details

    Monterey, CA Medical Office Space Market Trends and Statistics

    Explore 60 medical office space for sale in Monterey, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 12,279 square feet of properties for sale, with an estimated market value of $4,299,000.

    Sale prices for medical spaces in Monterey, CA start at $850,000, averaging $1,074,750, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 17
    Medical Office Space 11
    Office buildings 5

    Demographics Overview

    Population 34K
    Population Growth (5Y) -4.5%
    Median Household Income $110,669
    College Educated 85.9%

    High-Yield Neighborhoods for Investment

    Identify Monterey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93940 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.92%
    Property Tax per SF $9.11 per SF
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Monterey fall within the 100,000+ square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Medical Office Space for Sale Near Monterey, CA

    Popular Searches in Monterey, CA

    Popular Categories

    Most Searched ZIP Codes in Monterey, CA

    • 93940

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!