Property summary
This exceptional commercial property, formerly the China Art Center, sits on a highly desirable block in Carmel-by-the-Sea at 6 SW Ocean Avenue on Dolores Street. The 0.09-acre lot previously housed a 6,566 square foot building, which has undergone a complete interior demolition, leaving only the basement, ground floor, and a small second-floor landing. This demolition was part of a city-approved renovation plan, which includes the addition of a rooftop deck accessible by elevator. The approved plans also allow for the reinstatement of a 1,172 square foot second floor and the creation of an outdoor terrace. The property is currently vacant, presenting a unique opportunity for an owner-occupant or investor to develop a significant commercial presence in this prime location. The approved plans streamline the redevelopment process, minimizing potential delays and uncertainties. Given the property's location and the approved plans, this represents a rare chance to acquire a highly visible and strategically positioned commercial space in the heart of Carmel-by-the-Sea. The existing foundation and approved plans provide a solid base for a customized development, tailored to meet specific business needs. This is a truly exceptional opportunity to create a landmark commercial property in one of California's most sought-after destinations.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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