13748 Center ST, Carmel Valley, CA 93924
- $3,495,000
- List Price
- $3,495,000
- MLS#
- ML81926325
- Status
- ACTIVE
- Property Type
- com
- Lot Size
- 4,800
- Listing Area
- Carmel Valley Village, Los Tulares, Sleepy Hollow
- Year Built
- 1965
Property Description
First time on the market in 20 years, rarely available, investment/exchange opportunity located in the increasingly popular Carmel Valley Village. Close to local wineries, restaurants, and shopping, this 4800 SF parcel features 8200 SF of rentable space including 3 retail stores on the main level. Upper level is spacious, great natural light with 6 skylights and a balcony, upstairs is currently rented out as multiple offices with a common area. Long term tenants, some have been there 18+ years and all the leases are now MTM, which allows a buyer to negotiate increased rents. Dry cleaner uses non-toxic materials and disposes of waste in the upmost environmentally friendly way. 3 separate electric meters downstairs retail spaces and 2 electric meters dividing upstairs. Part of the Carmel Valley Village Center which is a focal point of commerce and activity with ample parking. CAP rate of just over 4% is based on the "projected market rents" as the existing rents are below market.
/u.realgeeks.media/searchmontereypeninsulahomes/new-site-logos-and-pictures/2018_MPHT_Logo_170_x_210.png){kind=logo}
Additional Information
- Acres
- 0.11
- Age
- 58
- Cooling System
- Other
- Energy Features
- Thermostat Controller
- Floor Covering
- Carpet, Tile, Vinyl / Linoleum
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Common Parking Area, Unassigned Spaces
- Heating System
- Central Forced Air, Electric, Gas, Other
- Lot Size
- 4,800
- Neighborhood
- Carmel Valley Village, Los Tulares, Sleepy Hollow
- Other Utilities
- Public Utilities
- Present Use
- Mixed, Office, Retail
- Roof
- Composition
- Sewer
- Septic Connected
- Special Features
- Other
- Unincorporated Yn
- Yes
- Zoning
- C1
Mortgage Calculator
Listing courtesy of Monterey Peninsula Home Team from KW Coastal Estates. 831-594-3290
Based on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2023 MLSListings Inc. All rights reserved