2107 Fremont St Monterey, CA 93940-5202
This exceptional property at 2107 N Fremont ST, Monterey, CA presents a rare opportunity to acquire a versatile commercial space with residential possibilities. Situated on a 0.07-acre lot, this charming building offers a unique blend of residential comfort and commercial viability. Currently configured as a one-bedroom, one-bathroom house, the property's layout provides a cozy and functional living space, ideal for an owner-operator or as a short-term rental. However, its prime location and adaptable design make it perfectly suited for a variety of commercial uses, including a small office, retail space, or a unique boutique. The property's potential is further enhanced by its convenient access to local amenities and its position within a thriving Monterey neighborhood. The asking price of $349,000 represents a compelling investment opportunity for entrepreneurs and investors seeking a property with significant upside potential. The building's size is not specified, allowing for creative adaptation to suit a wide range of business needs. This is a chance to own a piece of Monterey's vibrant commercial landscape, offering both immediate income potential and long-term growth prospects. Don't miss this chance to secure a property with such diverse possibilities.
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.