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    Pacific Grove, CA
    Mixed-Use

    Pacific Grove, CA Mixed-use Properties for Sale

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    Monterey, CA Pebble Beach, CA Seaside, CA Carmel, CA Marina, CA Carmel Valley, CA Carmel Highlands, CA Salinas, CA
    Mixed-Use Property with Retail and Flex
    Updated: Jun 12
    Mixed-Use Property with Retail and Flex

    1157 Forest Avenue, Pacific Grove, CA 93950

    $2,900,000
    8,402 sqft
    100% occupied mixed‑use building built in 1982
    Diverse tenant mix includes retail, industrial‑flex suites, and residential units
    Located on Pacific Grove’s Forest Hill commercial corridor along a major high‑traffic route connecting Highway 68 to Monterey, Pebble Beach, and Carmel
    Future development potential for up to 23 ocean‑view apartment units, subject to approvals
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    This listing looks promising.

    Here's a quick look at some key insights for

    1157 Forest Avenue, Pacific Grove, CA 93950

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $122K
      Annual

    • Mortgage

      $225K
      Jan 2022

    • Last Sold

      Sep 2022
      $650K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1982
    View Property Analytics
    Mixed-Use Building with Retail & Apartments
    Updated: Jun 11
    Mixed-Use Building with Retail & Apartments

    1157 Forest AVE, Pacific Grove, CA 93950

    $2,988,000
    0.51 AC lot
    8,402 SF mixed‑use building on a 22,651 SF lot, built in 1982
    Currently occupied by nine tenants, including a pizzeria, professional service providers, a hair salon, and a window showroom
    Includes two residential 1‑bedroom apartments
    Located directly across from Trader Joe's; within a block of Safeway and Lucky
    Approx. 17,663 vehicles per day daily traffic count
    View details
    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 2 Active listings in Pacific Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 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.

    Mixed-Use Fourplex with Street Retail
    Mixed-Use Fourplex with Street Retail

    883 Lighthouse AVE, Monterey, CA 93940

    $1,500,000
    0.11 AC lot

    Four-unit mixed-use property with two street-facing commercial units and two residential units, including a rear detached 1BD.

    View details
    Mixed-Use Buildings with Parking & Billboard
    Mixed-Use Buildings with Parking & Billboard

    14 Front St 16, Salinas, CA 93901

    $1,650,000

    Two buildings, parking lot, and billboard near Highway 101.

    View details
    Mixed-Use Property with Street Frontage
    Mixed-Use Property with Street Frontage

    214 Pajaro Street, Salinas, CA 93901

    $300,000

    Storefront presence with rear alley access, currently used as a parking lot, offering mixed-use zoning potential.

    View details
    Monterey Mixed-Use Income Property
    Monterey Mixed-Use Income Property

    883 Lighthouse Ave, Monterey, CA 93940

    $1,500,000

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

    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.

    Prime Development Opportunity in Santa Cruz
    Prime Development Opportunity in Santa Cruz

    806 Ocean St, Santa Cruz, CA 95060

    $2,950,000
    0.50 AC lot

    Premier development site in Santa Cruz's evolving Ocean St. corridor.

    View details
    Land Parcel in Hollister
    Land Parcel in Hollister

    1565 Cushman ST, Hollister, CA 95023

    $184,900
    0.09 AC lot

    Land parcel in Los Pinars subdivision, ready for construction.

    View details
    Vacant Development Land Parcel
    Vacant Development Land Parcel

    0 Monterey RD, Morgan Hill, CA 95037

    $2,749,950
    0.92 AC lot

    Vacant land parcel zoned FB-C near a Caltrans train station, positioned for mixed-use residential development.

    View details
    Residential Land with Industrial Barn
    Residential Land with Industrial Barn

    360 Wildberry DR, Boulder Creek, CA 95006

    $750,000
    19.99 AC lot

    Nearly 20-acre homesite at the end of a private road with utility services in place and an all-metal barn/workshop.

    View details

    Off-Market Properties in Pacific Grove, CA

    Consider similar Off-Market properties in Pacific Grove, 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.

    169 Fountain Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    169 Fountain Ave, Pacific Grove, CA 93950-2770

    Value Estimation by Request
    1,337 sqft 0.04 AC lot
    View details
    220 17th St
    OFFICE/RESIDENTIAL (MIXED USE)

    220 17th St, Pacific Grove, CA 93950-3384

    $850,000
    Estimated value
    811 sqft 0.04 AC lot
    View details
    211 Grand Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    211 Grand Ave, Pacific Grove, CA 93950-3419

    $805,000
    Estimated value
    2,026 sqft 0.03 AC lot
    View details
    1149 Frst Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    1149 Frst Ave, Pacific Grove, CA 93950-5117

    $3,915,000
    Estimated value
    2,024 sqft 0.22 AC lot
    View details
    1236 Presidio Blvd
    OFFICE/RESIDENTIAL (MIXED USE)

    1236 Presidio Blvd, Pacific Grove, CA 93950-5427

    $540,000
    Estimated value
    3,378 sqft 0.12 AC lot
    View details
    545 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    545 Lighthouse Ave, Pacific Grove, CA 93950-2708

    Value Estimation by Request
    2,812 sqft 0.04 AC lot
    View details
    1016 Austin Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    1016 Austin Ave, Pacific Grove, CA 93950-5418

    $910,000
    Estimated value
    1,840 sqft 0.13 AC lot
    View details
    602 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    602 Lighthouse Ave, Pacific Grove, CA 93950-2615

    $715,000
    Estimated value
    3,937 sqft
    View details
    211 Frst Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    211 Frst Ave, Pacific Grove, CA 93950-3366

    Value Estimation by Request
    0.04 AC lot
    View details
    625 Frst Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    625 Frst Ave, Pacific Grove, CA 93950-4203

    $1,560,000
    Estimated value
    1,978 sqft
    View details
    549 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    549 Lighthouse Ave, Pacific Grove, CA 93950-2708

    $1,290,000
    Estimated value
    2,898 sqft 0.07 AC lot
    View details
    500 Laurel Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    500 Laurel Ave, Pacific Grove, CA 93950-3424

    $795,000
    Estimated value
    1,438 sqft 0.08 AC lot
    View details
    510 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    510 Lighthouse Ave, Pacific Grove, CA 93950-2756

    $2,915,000
    Estimated value
    12,928 sqft 0.17 AC lot
    View details
    301 Fountain Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    301 Fountain Ave, Pacific Grove, CA 93950-3418

    Value Estimation by Request
    1,400 sqft 0.05 AC lot
    View details
    503 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    503 Lighthouse Ave, Pacific Grove, CA 93950

    Value Estimation by Request
    0.04 AC lot
    View details
    507 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    507 Lighthouse Ave, Pacific Grove, CA 93950

    Value Estimation by Request
    0.04 AC lot
    View details
    650 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    650 Lighthouse Ave, Pacific Grove, CA 93950-2672

    $2,220,000
    Estimated value
    9,853 sqft 0.23 AC lot
    View details
    301 Grand Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    301 Grand Ave, Pacific Grove, CA 93950-3421

    $1,325,000
    Estimated value
    8,358 sqft 0.13 AC lot
    View details
    505 Central Ave Ste, Unit 100
    OFFICE/RESIDENTIAL (MIXED USE)

    505 Central Ave Ste, Pacific Grove, CA 93950-2774

    Unit 100
    $1,275,000
    Estimated value
    8,418 sqft 0.20 AC lot
    View details
    588 Lighthouse Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    588 Lighthouse Ave, Pacific Grove, CA 93950-2636

    $1,810,000
    Estimated value
    9,973 sqft 0.30 AC lot
    View details
    516 Frst Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    516 Frst Ave, Pacific Grove, CA 93950-4220

    $530,000
    Estimated value
    2,649 sqft 0.08 AC lot
    View details
    546 Pne Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    546 Pne Ave, Pacific Grove, CA 93950-3443

    $535,000
    Estimated value
    2,629 sqft 0.07 AC lot
    View details

    Pacific Grove, CA Mixed-Use Properties Market Trends and Statistics

    Explore 25 mixed-use properties for sale in Pacific Grove, CA on our real estate platform. These investment opportunities span a total of 8,402 square feet of properties for sale, with an estimated market value of $2,900,000.

    Sale prices for multi use buildings in Pacific Grove, CA start at $2,900,000, averaging $2,900,000, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 15K
    Population Growth (5Y) -3.8%
    Median Household Income $105,568
    College Educated 87.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    93950 $2.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $9.94 per SF
    Tax Rate vs County Average 0.06 pp above 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)

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