207 16th St, Pacific Grove, CA 93950

$4,125,000
List Price
$4,125,000
MLS#
ML81782429
Status
ACTIVE
Lot Size
3,201
Listing Area
Forest Ave/Pine Ave
Year Built
1966

Property Description

This is a wonderful opportunity to acquire the completely renovated 207 16th Street in Pacific Grove, CA. The four-story office building was taken down to the studs and completely remodeled/reconfigured in 2018. The new configuration includes 23 units and one shared conference room. The office units were designed to meet the demand for office space in downtown Pacific Grove, which are units under 350 SF. There is approximately 6,046 SF of leasable area and 9,045 SF of gross building area. In addition, there is income from a lease to Verizon for a cell tower on the roof.

Additional Information

Acres
0.0735
Age
54
Cooling System
None
Foundation
Concrete Slab
Garage Parking
On Street
Heating System
Forced Air
Lot Size
3,201
Neighborhood
Forest Ave/Pine Ave
Other Utilities
Public Utilities
Present Use
Office, Retail
Roof
Flat / Low Pitch
Sewer
Sewer - Public
Special Features
Bathroom Features, Elevator / Lift
Zoning
C-D

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Patrick Stafford from Baird Partnership, Inc.

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