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590 Del Monte Avenue, Monterey, CA 93940

Monterey
Local realty services provided by:CENTURY 21 Synergia Realty
590 Del Monte Avenue,Monterey, CA 93940
$999,000
  • 0.19 Acres
  • Lots / Land
  • Pending
Listed by: the ruiz group
Office: kw coastal estates831-622-6200
MLS#:ML81869824
Source:CRMLS

Price summary

  • Price:$999,000

About this home

Prime location corner lot close to Downtown Monterey, Fisherman's Wharf, Del Monte Beach and many more desirable amenities, this site offers 8, 400sf of flat usable space with a 1, 090sf newly renovated building. Currently occupied by a dental office. Tenant has a three-year lease with an option for five more at market rate. Rents are below market due to a massive $300,000 remodel performed by the current tenant, including new sewer lateral, plumbing, electrical, roof, etc. Tenant willing to renegotiate lease terms. Upside opportunity for investor or developer. Property is also zoned for high density multi-family. Keep tenant in place and generate cash flow while you develop your plans. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only. PLEASE DO NOT DISTURB TENANT. Business is not for sale. Tenant wish to remain. Shown by appointment only

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Home facts

  • Listing ID #:ML81869824
  • Added:1175 day(s) ago
  • Updated:June 19, 2026 at 07:41 AM

Structure and exterior

  • Lot area:0.19 Acres
  • Lot Features:Back Yard, Greenbelt, Lawn, Level with Street, Near Park, Pasture, Street Level
  • Architectural Style:Patio Home

Finances and disclosures

  • Price:$999,000
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Synergia Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Synergia Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sandy Hernandez

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