601 Lighthouse Ave Pacific Grove, CA 93950-2601
This exceptional 6,000 square foot retail space presents a singular opportunity on Pacific Grove's coveted Lighthouse Avenue. For the first time in sixty years, this meticulously constructed former bank building is available for lease. Boasting a highly visible corner location, the property features a rare and convenient on-site parking lot with 13-16 spaces, a significant advantage in this desirable area. The building's robust design includes a minimum 14-foot ceiling height, a vintage vault door, and a flexible indoor/outdoor design, allowing for a variety of uses. The ample space is ideal for a single flagship tenant or a multi-tenant configuration. Excellent signage opportunities further enhance its visibility. Located just three blocks from the Pacific coastline and Lovers Point, this property offers unparalleled access to the vibrant Pacific Grove community and its many amenities. This is a unique chance to establish a presence on one of Pacific Grove's most trafficked streets. The building's architectural details and prime location combine to create an exceptional opportunity for a discerning business.
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.