120 Dr Monterey, CA 93940
This exceptional mixed-use property in Monterey, CA, presents a unique investment opportunity. Located at 120 Del Rey Gardens Drive, this well-maintained building offers 7,606 square feet of versatile office space, ideal for a variety of businesses. Built in 1984 and situated on a 5,662 square foot lot (0.13 acres), the property boasts ample parking and convenient access for employees and clients alike. The spacious floor plan allows for flexible configurations, accommodating both professional offices and creative workspaces. The building's amenities include four bathrooms – two full and two half – enhancing convenience and functionality. Its prime location in Monterey County ensures easy access to major thoroughfares, providing a central and highly accessible location for both staff and clientele. This property offers a blend of functionality, convenience, and charm, creating an ideal environment for business operations and client interactions. The well-maintained structure provides a professional and inviting atmosphere, making it an attractive option for businesses seeking a high-quality workspace in a desirable location. This is a rare opportunity to acquire a substantial and well-located commercial property in the heart of Monterey.
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.