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    Monterey, CA
    Retail

    Monterey, CA Retail Space for Sale

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    Corner Retail Building with Loading Door
    Updated: May 20
    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
    Located at the corner of Lighthouse Ave and Dickman Ave
    Roll‑up loading door on a side street
    Built in 1964
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    This listing looks promising.

    Here's a quick look at some key insights for

    299 Lighthouse Avenue, Monterey, CA 93940

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $232K
      Annual

    • Price @ 7% Cap

      $3.31M
      Suggested

    • Last Sold

      Feb 2008
      $2.49M

    • Property Type

      Commercial Building, Mail Order, Show Room (Non-Auto)
      Built 1964
    View Property Analytics
    Corner Storefront Building
    Updated: Jul 8
    Corner Storefront Building

    299 Lighthouse AVE, Monterey, CA 93940

    $3,800,000
    0.21 AC lot
    Corner position at Lighthouse Ave and Dickman Ave in Monterey
    Almost 16,000 SF retail building
    Side‑street roll‑up loading door
    Comm zoning
    Built in 1964
    View details
    Retail Building with Prominent Street Visibility
    Retail Building with Prominent Street Visibility

    2240-2252 N Fremont Street, Monterey, CA 93940

    $1,940,000
    7,374 sqft

    Three-building retail property with approximately 120 feet of frontage along Monterey’s North Fremont 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Monterey Commercial Corridor Opportunity
    Monterey Commercial Corridor Opportunity

    539 Ramona Ave, Monterey, CA

    Contact for pricing
    16,563 sqft 0.68 AC lot

    Partially occupied commercial property in Monterey's commercial corridor.

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    Retail Parcel with Development Potential
    Retail Parcel with Development Potential

    2311 N. Fremont St., Monterey, CA 93940

    Contact for pricing

    Two contiguous improved retail parcels on Fremont Street are currently leased to four tenants.

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    Retail Storefront Investment Opportunity
    Retail Storefront Investment Opportunity

    2260 N Fremont St, Monterey, CA 93940

    Contact for pricing

    For-sale retail storefront with 100% occupancy and a long-term ground lease with 20 years remaining.

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    Two-Story Wharf Theater Building
    Two-Story Wharf Theater Building

    95 Fishermans Wharf, Monterey, CA 93940

    Contact for pricing

    Two-story building with leased retail on the first floor and a second-floor theater stage with fixed seating.

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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 8 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 26 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Multi-Tenant Retail Storefront
    Multi-Tenant Retail Storefront

    350 Main St, Salinas, CA 93901

    $1,100,000
    5,740 sqft

    Established retail property with two long-term tenants across two Main Street addresses.

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    Multi-Level Storefront Building
    Multi-Level Storefront Building

    350 Main ST, Salinas, CA 93901

    $1,100,000
    0.14 AC lot

    Established commercial building with two long-term tenants and customer access from both on-street and off-street parking.

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    Multi-Level Restaurant Retail Building
    Multi-Level Restaurant Retail Building

    481 Lighthouse Ave, Pacific Grove, CA 93950

    Contact for pricing
    4,100 sqft

    Multi-level retail/restaurant building with a full kitchen and storage, offering capacity for 71 restaurant water credits.

    View details
    Mixed-Use Storage Retail Property
    Mixed-Use Storage Retail Property

    229 Grand Ave, Pacific Grove, CA 93950

    Contact for pricing
    10,633 sqft

    Downtown commercial property combines self-storage operations with two occupied retail suites and an approved expansion concept.

    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.

    499 Wave St
    RETAIL STORES (PERSONAL SERVICES)

    499 Wave St, Monterey, CA 93940-1424

    $140,000
    Estimated value
    654 sqft 0.13 AC lot
    View details
    610 Ramona Ave
    RETAIL STORES (PERSONAL SERVICES)

    610 Ramona Ave, Monterey, CA 93940

    $290,000
    Estimated value
    0.52 AC lot
    View details
    2262 Fremont St
    RETAIL STORES (PERSONAL SERVICES)

    2262 Fremont St, Monterey, CA 93940

    $275,000
    Estimated value
    0.23 AC lot
    View details
    557 Ramona Ave
    RETAIL STORES (PERSONAL SERVICES)

    557 Ramona Ave, Monterey, CA 93940

    $2,130,000
    Estimated value
    2,400 sqft 0.26 AC lot
    View details
    381 David Ave
    RETAIL STORES (PERSONAL SERVICES)

    381 David Ave, Monterey, CA 93940-1142

    $355,000
    Estimated value
    2,533 sqft 0.36 AC lot
    View details
    601 Cass St
    RETAIL STORES (PERSONAL SERVICES)

    601 Cass St, Monterey, CA 93940

    $1,335,000
    Estimated value
    1,705 sqft 0.22 AC lot
    View details
    2260 Fremont St
    RETAIL STORES (PERSONAL SERVICES)

    2260 Fremont St, Monterey, CA 93940-5449

    $275,000
    Estimated value
    0.23 AC lot
    View details
    2116 Fremont St
    RETAIL STORES (PERSONAL SERVICES)

    2116 Fremont St, Monterey, CA 93940-5213

    $1,255,000
    Estimated value
    4,860 sqft 0.14 AC lot
    View details
    2170 Fremont St
    RETAIL STORES (PERSONAL SERVICES)

    2170 Fremont St, Monterey, CA 93940-5213

    $5,925,000
    Estimated value
    26,974 sqft 2.59 AC lot
    View details
    663 Lighthouse Ave
    RETAIL STORES (PERSONAL SERVICES)

    663 Lighthouse Ave, Monterey, CA 93940-1007

    $845,000
    Estimated value
    3,600 sqft 0.28 AC lot
    View details
    738 Lighthouse Ave
    RETAIL STORES (PERSONAL SERVICES)

    738 Lighthouse Ave, Monterey, CA 93940-1010

    $270,000
    Estimated value
    0.38 AC lot
    View details
    351 Kolb Ave
    RETAIL STORES (PERSONAL SERVICES)

    351 Kolb Ave, Monterey, CA 93940-4011

    $270,000
    Estimated value
    1,601 sqft 0.09 AC lot
    View details
    398 Lighthouse Ave
    RETAIL STORES (PERSONAL SERVICES)

    398 Lighthouse Ave, Monterey, CA 93940-1419

    $430,000
    Estimated value
    2,390 sqft 0.25 AC lot
    View details
    350 Pacific St
    RETAIL STORES (PERSONAL SERVICES)

    350 Pacific St, Monterey, CA 93940-2445

    $1,025,000
    Estimated value
    4,494 sqft 0.20 AC lot
    View details
    2245 Fremont St
    RETAIL STORES (PERSONAL SERVICES)

    2245 Fremont St, Monterey, CA 93940-5404

    $475,000
    Estimated value
    1,663 sqft
    View details
    440 Alvarado St
    RETAIL STORES (PERSONAL SERVICES)

    440 Alvarado St, Monterey, CA 93940

    $1,190,000
    Estimated value
    7,601 sqft 0.31 AC lot
    View details

    Monterey, CA Retail Space Market Trends and Statistics

    Explore 34 retail space for sale in Monterey, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 49,393 square feet of properties for sale, with an estimated market value of $9,540,000.

    Sale prices for retail space in Monterey, CA start at $1,940,000, averaging $3,180,000, and reaching up to $3,800,000 — 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 7
    Shopping centers 6

    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 $4.6M

    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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