498 Fremont ST, Monterey, CA 93940
- $11,490,000
- List Price
- $11,490,000
- MLS#
- ML82041466
- Status
- ACTIVE
- Property Type
- com
- Listing Area
- Alta Mesa/Glenwood Circle
- Year Built
- 1945
Property Description
Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.
Additional Information
- Age
- 81
- Cooling System
- Other
- Foundation
- Other
- Garage Parking
- Carport, Covered Parking, Enclosed, Uncovered Parking, Underground Parking, Workshop in Garage
- Heating System
- Other
- County
- Monterey
- Neighborhood
- Alta Mesa/Glenwood Circle
- Other Utilities
- Other
- Present Use
- Automotive, Service
- Roof
- Other
- Sewer
- Other
- Special Features
- Parking, Wheelchair Access
- Unincorporated Yn
- Yes
- Zoning
- C-2, R-1
Mortgage Calculator
Listing courtesy of Peter Baird from Baird Partnership, Inc.. 831-646-1919
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