2103 Fremont St Monterey, CA 93940-5202
This exceptional commercial property at 2103 Fremont Street in Monterey, California, presents a unique investment opportunity. Spanning 960 square feet on a 0.15-acre lot, this general commercial space is currently operating as a thriving flower shop, showcasing its ideal location and high visibility. The attractive storefront boasts ample window display space, perfect for maximizing product visibility and attracting customers. Inside, the open floor plan offers flexibility for a variety of commercial uses, easily adaptable to suit diverse business needs. The existing layout includes a sales floor, a dedicated floral arrangement area, and a convenient storage room. Practical fixtures, such as display shelves and work areas, are already in place, minimizing initial setup costs. Large windows flood the interior with natural light, creating a bright and inviting atmosphere for both staff and customers. The property also benefits from a well-maintained exterior and convenient parking options, enhancing its appeal. Its location within a vibrant community, close to shops, restaurants, and other amenities, ensures high foot traffic and customer accessibility. The existing flower shop business is also available for purchase separately, providing a turnkey operation for a prospective buyer. This property offers a compelling combination of location, versatility, and existing infrastructure, making it an attractive investment opportunity in the thriving Monterey market. The asking price is $695,000.
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The Flower Market (Bike/Boat/Book/etc) Store Florist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.