Dolores St St Carmel, CA 93921

Property Details for Dolores St St

Year built

1930

Lot size

0.09 lot acres

Property size

5,886 SF

Property type

Commercial real estate

Description

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.

Location Insight

City

Carmel

County

Monterey

State

California

Longitude

-121.923

Latitude

36.5544