Dolores St St Carmel, CA 93921

This exceptional commercial property, formerly the China Art Center, presents a rare redevelopment opportunity in the heart of Carmel-by-the-Sea. Situated on Dolores Street, just six blocks southwest of the ocean, this 0.09-acre lot boasts a prime location on arguably the most desirable block in the downtown area. The existing structure, previously 6,566 square feet, has undergone a complete interior demolition, leaving only the basement, ground floor, and a small second-floor landing. This demolition was part of a fully approved renovation plan, which includes the addition of a rooftop deck complete with elevator access. 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 currently sits vacant, offering 5,886 square feet of potential for an owner-occupant or investor seeking to reposition a landmark building. The approved plans provide a significant head start on creating a unique and highly desirable commercial space in this coveted Carmel location. This is a truly exceptional opportunity to acquire a property with significant upside potential in one of California's most sought-after destinations. The approved plans streamline the development process, minimizing potential delays and maximizing the return on investment. Don't miss this chance to own a piece of Carmel history and shape its future.