245 Washington St Monterey, CA 93940-2409
Property Lookup
Property profile & analytics
245 Washington St Monterey, CA 93940-2409
- Medical Office Space
- 0.23 lot acres
Property ID
US09-2099268
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Waterfront Attendant Lot / Parking Lot & Garage
- Dr. David D. Spilker, MD / Physician
- The Famous Old Fisherman's Wharf Sign / (Bike/Boat/Book/etc) Store / Printing Service
- 245 Washington St Parking / Parking Lot & Garage
- San Nicola fishing boat / Tour Operator
Property Details for 245 Washington St
- Lot size
- 0.23 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 001-701-003-000
- APU
- 1701003000
Description
This exceptional commercial property at 245 Washington Street, Monterey, CA, presents a unique owner-user opportunity. The building boasts a substantial 5,630 square feet of space, distributed across two floors. The ground floor features recently upgraded office units, ready for immediate occupancy. The second floor comprises three distinct office suites, each equipped with its own private full bathroom, offering flexibility and privacy for multiple tenants or departments. The property sits on a 0.23-acre lot, providing ample space and potential for future development or expansion. Currently zoned as Open Space, the property enjoys a legal, non-conforming use designation for medical/office purposes. It's important to note that this property is not included in the waterfront Master Plan. The building will be delivered vacant, allowing for immediate customization and adaptation to the new owner's specific needs and business operations. The asking price for this versatile and well-maintained commercial property is $2,500,000. This presents a compelling investment opportunity in a desirable Monterey location. The existing infrastructure and recent upgrades minimize upfront capital expenditures, allowing for a swift and efficient transition into operations. The property's size and layout offer significant potential for a variety of commercial uses within the permitted zoning guidelines.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,050,000
- ML approach
- $2,050,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monterey
- County
- Monterey
- State
- California
- Longitude
- -121.892
- Latitude
- 36.6011
- CBSA code
- 41500
- CBSA name
- SALINAS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,357
$1,020,000
$1,020,000
$2,040,000
-
$0.00
$0.00
$0.00
