This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
$5,600,000 -$400,001 (-6.67%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
Property Description
Bank is on a 7 year nnn Lease and second floor Tenant has a new 4 year nnn Lease
Full Property Details
Full Property Details for 439 Alvarado
General
- Price: $5,600,000
- Status: Active
- Type: Retail
- Source: RE_Infolink
- MLS ID: ML81973968
- Updated: 1/13/2025
- Added to Site: 177 day(s) ago
Business
- Name: Mechanics Bank
- Business Type: Retail
Rental Information
- Complex Features: Cafeteria
Interior
- Flooring: Carpet, Hardwood, Laminate
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Parking Features: Off-Street Parking
Location
- Area: Old Town Monterey
- County: Monterey
- Cross Streets: munras
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Gas/Forced Air)
Utilities
- Sewer: Public Sewer
- Water: Individual Water Meter
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Separate Common Area, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter
- Roof: Clay, Composition
- Disability Access: Elevator/Lift
- Square Feet: 11,111
- Office: 1 Sq. Ft.
- Warehouse: 1 Sq. Ft.
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.28
- Minimum Lot Size: 12196.8
- Lot Size (Sq. Ft.): 12,196
- Yard Description: 1 Sq. Ft.
- Present Use: Business/Professional
- Zoning: Commercial
Disclosures and Reports
- Restrictions: None
Listed by A.G. Davi Ltd, Anthony G. Davi, Jr.
Get Pre-Approved Today
Schools
Schools serving 439 Alvarado
School District:Monterey Peninsula Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
251 Soledad Dr, Monterey, CA 93940 | K-5 | 1 mi | |
Walter Colton Middle School
100 Toda Vis, Monterey, CA 93940 | 6-8 | 1.1 mi | |
101 Herrmann Dr, Monterey, CA 93940 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 439 Alvarado
Date
Details
Price
Change
Source
1/13/2025
Price Reduced
$5,600,000
-6.67%
MLS
7/20/2024
Listed
$6,000,001
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 439 Alvarado
Year
Property Taxes
Change
Tax Assessment
Change
2023
$37,250
—
$3,392,243
2%
2023
$37,250
1%
$3,325,729
2%
2022
$36,776
2%
$3,260,520
2%
2021
$36,191
4%
$3,196,589
1%
2020
$34,856
-5%
$3,163,813
2%
2019
$36,544
4%
$3,101,778
2%
2018
$35,115
5%
$3,040,960
-1%
2017
$33,437
2%
$3,062,665
2%
2016
$32,822
21%
$3,002,614
22%
2015
$27,128
5%
$2,460,000
5%
2014
$25,920
18%
$2,340,000
17%
2013
$21,953
—
$2,000,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 439 Alvarado
439 Alvarado, Monterey, CA 93940 (MLS# ML81973968) is a Retail property. 439 Alvarado is currently listed for $5,600,000 and was received on July 20, 2024. Want to learn more about 439 Alvarado? Do you have questions about finding other Retail real estate for sale in Monterey? You can browse all Monterey real estate or contact a Coldwell Banker agent to request more information.