22
See all 21 photos
$2,090,000
Est. payment /mo
8,250 Sqft Lot
New
1801 Catalina ST Seaside, CA 93955
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82043889
HOA Y/N No
Year Built 1988
Annual Tax Amount $15,500
Lot Size 8,250 Sqft
Property Description
Welcome to the Soho of the Monterey Peninsula, an exceptionally rare investment and development opportunity in the heart of Sand City. Positioned in one of the Peninsula's most dynamic and evolving micro-markets, this property offers significant upside with city-supported potential for a six-story residential development. Preliminary discussions have included two levels of parking and four levels of residential housing, with flexibility for a blend of market-rate and affordable units. Sand City has expressed openness to creative site planning, including potential use of and acquisition of adjacent portions of the bordering dead-end streets to enhance access and circulation. Upper level units above the third floor are anticipated to capture some of the most compelling views in the area. The existing improvements include a multi-tenant commercial structure featuring five office suites, six upper-level storage units, four ground-level garage bays (one with accessory office space) and two additional storage units. Most spaces are currently leased on a month to month basis providing immediate income. This is an exceptional opportunity to reimagine and capitalize on one of the Monterey Peninsula's most promising urban corridors.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning MU-P
Interior
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Present Use Commercial
Total Parking Spaces 4
Building
Water Public
Others
Tax ID 011177029000
Virtual Tour https://my.matterport.com/show/?m=CPRHJLZxtNw
Listed by Kathleen McCrystal Douglas Elliman of California, Inc. #01463899
NEARBY SCHOOL & BUSINESS