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    Monterey, CA Storefront Properties 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

    • Price @ 7% Cap

      $657K
      Suggested

    • 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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    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Healthcare and Wellness Storefront
    Healthcare and Wellness Storefront

    22402252 N Fremont Street, Monterey, CA 93940

    $1,940,000
    7,374 sqft

    For sale storefront property configured for spa and wellness and healthcare use.

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    Cannabis Retail Storefront & Delivery
    Cannabis Retail Storefront & Delivery

    889 Abrego St, Monterey, CA 93940

    Contact for pricing
    5,100 sqft

    Fully operational cannabis storefront and delivery business with no current debt in Monterey County.

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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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    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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    Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 Active listings in Monterey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Downtown Salinas Retail Storefront Building
    Downtown Salinas Retail Storefront Building

    350 Main St, Salinas, CA 93901

    $1,100,000
    8,712 sqft

    Prime commercial building with long-term tenants in downtown Salinas.

    View details
    Downtown Retail and Office Space
    Downtown Retail and Office Space

    140 Central Ave, Salinas, CA 93901

    $1,215,000

    Commercial property on Central Avenue offers downtown visibility and convenient access for retail, office, or service-oriented use.

    View details
    Central Business District Retail Building
    Central Business District Retail Building

    14 E Lake Ave, Watsonville, CA 95076

    $699,000

    Retail building with recent improvements and public parking access in a high-traffic downtown setting.

    View details
    Historic Downtown Retail Building
    Historic Downtown Retail Building

    440 Main St, Watsonville, CA 95076

    Contact for pricing

    Historic mixed-use retail building on Main Street with a wide-open, high-ceiling ground floor and vacant upper level.

    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.

    Light Commercial Land Parcel
    Light Commercial Land Parcel

    70260 Jolon Road, Bradley, CA 93426

    $199,999
    13.98 AC lot

    13.98+/- acre raw, unimproved parcel with Light Commercial (LC) zoning and direct paved Jolon Road frontage.

    View details
    Jolon Road Winery Corridor Land
    Jolon Road Winery Corridor Land

    70260 Jolon Rd, Bradley, CA 93426

    $199,999
    13.98 AC lot

    13.98 acre commercial land in Monterey County.

    View details
    Vacant Double Lot in Cambria
    Vacant Double Lot in Cambria

    Pierce, Cambria, CA 93428

    Contact for pricing
    0.11 AC lot

    Vacant double lot with views and beach access.

    View details
    Zoned Commercial Land Parcel
    Zoned Commercial Land Parcel

    Mission St, San Miguel, CA 93451

    $249,450
    0.17 AC lot

    Vacant commercial land zoned CR, located on Mission St in San Miguel, CA 93451.

    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.

    95 Old
    Individual retail properties

    95 Old, Monterey, CA 93940

    Value Estimation by Request
    9,235 sqft 0.21 AC lot
    View details

    Monterey, CA Storefront Properties Market Trends and Statistics

    Explore 10 storefront properties for sale in Monterey, CA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 31,107 square feet of properties for sale, with an estimated market value of $20,340,000.

    Sale prices for retail units in Monterey, CA start at $1,500,000, averaging $2,905,714, and reaching up to $6,300,000 — 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 11
    Shopping centers 3
    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 $1.5M

    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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