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    Monterey, CA Retail Properties & Spaces for Sale

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    Mixed-Use Retail and Residential Property
    Updated: Jul 18
    Mixed-Use Retail and Residential Property

    883 Lighthouse AVE, Monterey, CA 93940

    $1,500,000
    2,633 sqft 0.11 AC lot
    4‑unit mixed‑use property with two street‑facing commercial units on Lighthouse Avenue and two residential units
    2BD/1BA apartment above the commercial spaces with a deck and off‑street parking
    Detached 1BD/1BA apartment at the rear of the lot
    1966‑built property with a composition and fiberglass roof
    Wall furnace heating and in‑unit kitchen features including gas cooktop and tile countertops (varies by unit)
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    This listing looks promising.

    Here's a quick look at some key insights for

    883 Lighthouse AVE, MONTEREY, CA 93940

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $46K
      Annual

    • Mortgage

      $184K
      Sep 1994

    • Last Sold

      Jul 2020
      $260K

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1966
    View Property Analytics
    Corner Retail Building with Loading
    Updated: Jul 8
    Corner Retail Building with Loading

    299 Lighthouse AVE, Monterey, CA 93940

    $3,800,000
    0.21 AC lot
    Almost 16,000 SF retail building on a major Monterey thoroughfare at the corner of Lighthouse Ave and Dickman Ave
    Roll‑up loading door on the side street
    Currently used as a furniture retailer; could be repurposed for another use
    Shingle/composition roof and central forced‑air heating with natural gas
    On‑street parking
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    Mixed-Use Fourplex with Street Retail
    Mixed-Use Fourplex with Street Retail

    883 Lighthouse AVE, Monterey, CA 93940

    $1,500,000
    0.11 AC lot

    Four-unit mixed-use property with two street-facing commercial units and two residential units, including a rear detached 1BD.

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    Lighthouse Avenue Retail Opportunity
    Lighthouse Avenue Retail Opportunity

    585-599 Lighthouse Ave, Monterey, CA

    $2,200,000
    5,049 sqft 0.41 AC lot

    Retail properties on Lighthouse Ave, Monterey, CA for sale.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Corner Retail Building with Loading Door
    Corner Retail Building with Loading Door

    299 Lighthouse Avenue, Monterey, CA 93940

    $3,800,000
    16,000 sqft

    Almost 16,000 SF corner retail building on a major Monterey thoroughfare with a roll-up loading door on a side street.

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    Monterey Retail Property For Sale
    Monterey Retail Property For Sale

    2240-2252 Fremont St, Monterey, CA

    $1,940,000
    7,120 sqft 0.47 AC lot

    Retail property with high visibility and redevelopment potential in Monterey.

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    Monterey Commercial Corridor Opportunity
    Monterey Commercial Corridor Opportunity

    539 Ramona Ave, Monterey, CA

    $3,690,000
    16,563 sqft 0.68 AC lot

    Partially occupied commercial property in Monterey's commercial corridor.

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    Retail Space Building
    Retail Space Building

    1400 Munras Ave, Monterey, CA 93940

    Contact for pricing
    9,456 sqft

    For sale retail property offering 9,456 square feet of flexible commercial space on Munras Ave.

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    Retail Property in Monterey, CA
    Retail Property in Monterey, CA

    439 Alvarado St, Monterey, CA

    $5,000,000
    11,972 sqft 0.28 AC lot

    Multi-tenant retail property in a dense, affluent Monterey community.

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    Retail Space Near Highway 1
    Retail Space Near Highway 1

    451-465 Canyon Del Rey Blvd, Monterey, CA 93940

    Contact for pricing
    2,188 sqft 2.94 AC lot

    Retail property with direct highway access and regional draw.

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    Monterey Mixed-Use Income Property
    Monterey Mixed-Use Income Property

    883 Lighthouse Ave, Monterey, CA 93940

    $1,500,000

    Four-unit mixed-use property near Monterey Bay Aquarium and Cannery Row.

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    Retail Storefront Property
    Retail Storefront Property

    416 Alvarado Street, Monterey, CA 93940

    $6,300,000

    For sale retail storefront property at 416 Alvarado Street in Monterey, offering space suited for neighborhood-oriented retail uses.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Building with Retail & Apartments
    Mixed-Use Building with Retail & Apartments

    1157 Forest AVE, Pacific Grove, CA 93950

    $2,988,000
    0.51 AC lot

    Multi-tenant building combining neighborhood retail, professional services, and two 1-bedroom apartments.

    View details
    Mixed-Use Property with Retail and Flex
    Mixed-Use Property with Retail and Flex

    1157 Forest Avenue, Pacific Grove, CA 93950

    $2,900,000
    8,402 sqft

    100% occupied building combining retail, industrial-flex suites, and residential units along a major corridor.

    View details
    Seaside Automotive Retail Opportunity
    Seaside Automotive Retail Opportunity

    1523-1533 Del Monte Blvd, Seaside, CA

    $3,500,000
    9,811 sqft 0.58 AC lot

    Six parcels with redevelopment potential in Seaside's Urban Village.

    View details
    Seaside Commercial Property For Sale
    Seaside Commercial Property For Sale

    1523 Del Monte Blvd, Seaside, CA 93955

    $3,500,000
    9,811 sqft

    Commercial property with frontage on Del Monte Blvd in Seaside, CA.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Light Commercial Development Land
    Corner Light Commercial Development Land

    29 E Carmel Valley RD, Carmel Valley, CA 93924

    $1,195,000
    1.63 AC lot

    Level to light-sloping 1.63-acre corner lot with frontage on two roads, zoned for Light Commercial/Residential use.

    View details
    Prime Development Opportunity in Santa Cruz
    Prime Development Opportunity in Santa Cruz

    806 Ocean St, Santa Cruz, CA 95060

    $2,950,000
    0.50 AC lot

    Premier development site in Santa Cruz's evolving Ocean St. corridor.

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    Midtown Development Opportunity
    Midtown Development Opportunity

    278 Grand Ave, San Jose, CA 95126

    $988,888

    Development property in San Jose's Urban Village zone.

    View details
    Land For Sale
    Land For Sale

    2798 Middlefield Rd, Redwood City, CA 94063

    $490,000

    Land available for sale.

    View details

    Off-Market Properties in Monterey, CA

    Consider similar Off-Market properties in Monterey, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1178 Del Monte Ave
    VEHICLE SALES, RENTALS

    1178 Del Monte Ave, Monterey, CA 93940-2426

    Value Estimation by Request
    850 sqft 0.26 AC lot
    View details
    464 Alvarado St
    SHOW ROOM, WAREHOUSE

    464 Alvarado St, Monterey, CA 93940-2717

    $545,000
    Estimated value
    11,225 sqft 0.54 AC lot
    View details
    520 Munras Ave
    PARKING LOT

    520 Munras Ave, Monterey, CA 93940

    $11,000,000
    Estimated value
    0.52 AC lot
    View details
    447 Bonifacio Pl
    SHOW ROOM, WAREHOUSE

    447 Bonifacio Pl, Monterey, CA 93940

    $2,095,000
    Estimated value
    9,180 sqft 0.17 AC lot
    View details
    Cass St
    PARKING LOT

    Cass St, Monterey, CA 93940

    Value Estimation by Request
    0.30 AC lot
    View details
    693 Cass St
    PARKING LOT

    693 Cass St, Monterey, CA 93940-3113

    Value Estimation by Request
    0.27 AC lot
    View details
    115 Pearl St
    FINANCIAL BUILDING

    115 Pearl St, Monterey, CA 93940

    Value Estimation by Request
    1,312 sqft 0.11 AC lot
    View details
    499 Alvarado St
    FINANCIAL BUILDING

    499 Alvarado St, Monterey, CA 93940-2739

    Value Estimation by Request
    5,364 sqft 0.13 AC lot
    View details
    499 Wave St
    RETAIL STORES (PERSONAL SERVICES)

    499 Wave St, Monterey, CA 93940-1424

    Value Estimation by Request
    654 sqft 0.13 AC lot
    View details
    1299 Del Monte Ave
    VEHICLE SALES, RENTALS

    1299 Del Monte Ave, Monterey, CA 93940-2427

    $1,280,000
    Estimated value
    2,554 sqft 0.44 AC lot
    View details
    2045 Fremont St
    GAS STATION

    2045 Fremont St, Monterey, CA 93940-5229

    $765,000
    Estimated value
    996 sqft 0.21 AC lot
    View details
    201 Foam St
    SHOW ROOM, WAREHOUSE

    201 Foam St, Monterey, CA 93940-1400

    $860,000
    Estimated value
    6,098 sqft 0.25 AC lot
    View details

    Monterey, CA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Monterey, CA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 59,337 square feet of properties for sale, with an estimated market value of $18,130,000.

    Sale prices for stores in Monterey, CA start at $1,500,000, averaging $3,021,666, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 8
    Shopping centers 6
    Automotive properties 1
    Car washes 1
    Grocery and convenience stores 1

    Demographics Overview

    Population 34K
    Population Growth (5Y) -4.5%
    Median Household Income $110,669
    College Educated 85.9%

    High-Yield Neighborhoods for Investment

    Identify Monterey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93940 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.92%
    Property Tax per SF $9.11 per SF
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monterey County

    New Delisted

    Total CRE Inventory on Market (SF)

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