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    Elevator-Served Medical Office Building
    Updated: Feb 19
    Elevator-Served Medical Office Building

    910 Major Sherman Lane, Monterey, CA 93940

    $2,500,000
    5,896 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
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    This listing looks promising.

    Here's a quick look at some key insights for

    910 Major Sherman Lane, MONTEREY, CA 93940

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    • Est. Cap Rate

      4%
      NOI ÷ price

    • Est. NOI

      $100K
      Annual

    • Price @ 7% Cap

      $1.43M
      Suggested

    • Property Type

      Office Building (Multi-Story)
      Built 1985
    View Property Analytics
    Multi-Tenant Office Building
    Updated: Mar 10
    Multi-Tenant Office Building

    24551 Silver Cloud Court, Monterey, CA 93940

    $3,270,000
    10,617 sqft
    Configured for 4 tenants
    Three suites designed for medical uses
    One suite configured as professional office space
    Fully built‑out lower level for office or storage
    Ground floor may be delivered vacant
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    Flex Office with Roll-Up Door
    Flex Office with Roll-Up Door

    447 Figueroa St, Monterey, CA 93940

    Contact for pricing
    1,980 sqft

    Suite includes private offices, an open work area, skylights, and a roll-up door for flexible loading or workspace use.

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    Medical Office Space with Exam Rooms
    Medical Office Space with Exam Rooms

    757 Pacific St, Monterey, CA 93940

    Contact for pricing
    1,670 sqft

    The suite includes patient reception, private offices, and dedicated basement storage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Corner Lot Medical Office Building
    Corner Lot Medical Office Building

    590 Del Monte Avenue, 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.

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    Monterey Commercial Corridor Opportunity
    Monterey Commercial Corridor Opportunity

    539 Ramona Ave, Monterey, CA

    Contact for pricing
    16,563 sqft 0.68 AC lot

    Partially occupied commercial property in Monterey's commercial corridor.

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    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.

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    High-Visibility Office Building
    High-Visibility Office Building

    9600 Blue Larkspur Ln, Monterey, CA 93940

    Contact for pricing
    4,400 sqft

    Professional office space with ample off-street parking supports owner-user or leasing plans.

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    Two-Story Office Building
    Two-Story Office Building

    301 Lighthouse Ave, Monterey, CA 93940

    Contact for pricing
    4,716 sqft

    Existing bakery occupancy and off-street parking add flexibility to this Monterey commercial property.

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    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.

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    Office and Warehouse Flex Space
    Office and Warehouse Flex Space

    10 Harris Ct, Monterey, CA 93940

    Contact for pricing

    Mixed-use office and warehouse buildings sit beside Monterey Regional Airport with access to Highways 68 and 1.

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    Single-Tenant Medical Office Property
    Single-Tenant Medical Office Property

    2066 N Fremont St, Monterey, CA 93940

    Contact for pricing

    Medical office campus with an ancillary storage building, dual access points, and a long-term net lease structure.

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    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.

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    Mixed-Use Property with High Ceilings
    Mixed-Use Property with High Ceilings

    482 Alvarado St, Monterey, CA 93940

    Contact for pricing

    Flexible interiors feature spacious layouts and high ceilings for retail, restaurant, or office configurations.

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    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 76 Potential Opportunities for your consideration. Besides 15 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Commercial Land With Existing Improvements
    Commercial Land With Existing Improvements

    1801 Catalina St, Seaside, CA 93955

    $2,090,000
    7,632 sqft

    Improved commercial site with office, storage, and garage components under month-to-month occupancy arrangements.

    View details
    Multi-Tenant Mixed-Use Property
    Multi-Tenant Mixed-Use Property

    1801 Catalina ST, Seaside, CA 93955

    $2,090,000
    0.19 AC lot

    Existing improvements combine office, storage, and garage components with month-to-month tenancy.

    View details
    Two-Building Medical Office Space
    Two-Building Medical Office Space

    47 E. Romie Lane, Salinas, CA 93901

    Contact for pricing
    2,500 sqft

    Two separate commercial buildings support medical, office, and personal-service uses with private parking behind each structure.

    View details
    Medical Office Space with Parking
    Medical Office Space with Parking

    47-51 E Romie Ln, Salinas, CA 93901

    Contact for pricing
    2,500 sqft

    Functional layouts feature reception areas, private offices, and supporting workspaces for medical operations.

    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

    $315,000
    Estimated value
    912 sqft 0.11 AC lot
    View details
    1062 Cass St
    MEDICAL BUILDING

    1062 Cass St, Monterey, CA 93940-4509

    $1,800,000
    Estimated value
    2,341 sqft 0.15 AC lot
    View details
    10 Harris Ct Ste A1
    CONDOMINIUM OFFICES

    10 Harris Ct Ste A1, Monterey, CA 93940-7823

    $2,810,000
    Estimated value
    8,470 sqft 0.19 AC lot
    View details
    337 El Dorado St Ste 2b
    CONDOMINIUM OFFICES

    337 El Dorado St Ste 2b, Monterey, CA 93940-4648

    $270,000
    Estimated value
    727 sqft 0.02 AC lot
    View details
    601 Abrego St
    OFFICE BUILDING (MULTI-STORY)

    601 Abrego St, Monterey, CA 93940-3203

    $1,695,000
    Estimated value
    2,493 sqft 0.16 AC lot
    View details
    Monterey, CA 93940
    CONDOMINIUM OFFICES

    Monterey, CA 93940

    $2,000,000
    Estimated value
    0.10 AC lot
    View details
    22 Dormody Ct
    MEDICAL BUILDING

    22 Dormody Ct, Monterey, CA 93940-2903

    $605,000
    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

    $305,000
    Estimated value
    982 sqft 0.13 AC lot
    View details
    471 Wave St, Unit 122
    CONDOMINIUM OFFICES

    471 Wave St, Monterey, CA 93940-1424

    Unit 122
    $255,000
    Estimated value
    0.25 AC lot
    View details

    Monterey, CA Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Monterey, CA, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 49,425 square feet of properties for sale, with an estimated market value of $7,619,000.

    Sale prices for office spaces in Monterey, CA start at $850,000, averaging $1,904,750, and reaching up to $3,270,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 25
    Medical Office Space 18
    Office buildings 10

    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 $1.9M

    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.

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