San Carlos 2 NW of 8th, Carmel, CA 93923

$7,400,000
8,718
SqFt
List Price
$7,400,000
Closing Date
Sep 30, 2024
MLS#
ML81972268
Status
CONTINGENT
Property Type
com
Sqft. of Residence
8,718
Lot Size
8,000
Listing Area
Southwest Carmel
Year Built
1977

Property Description

Located two blocks from the world famous Ocean Avenue, this mixed-use property has recently undergone a large rennovation. A portion of the second floor has been converted to a 2-bedroom / 2.5-bath luxory residential unit. There are three commercial tenants currently in the building. The City of Carmel Planning office has approved 1-3 additional units for the vacant space in the rear of the building. The one vacant street-fronting retiail space has group 3 water credits. A condo map is possible for the commercial and residential units. Property includes 0.75 acre feet of water from the Malpaso Water Company. The Seller is interested in leasing-back the existing residential unit.

Additional Information

Acres
0.18
Age
47
Cooling System
None
Foundation
Concrete Perimeter and Slab
Garage Parking
Off-Street Parking
Heating System
Forced Air
Living Area
8,718
Lot Size
8,000
Neighborhood
Southwest Carmel
Other Utilities
Public Utilities
Roof
Flat / Low Pitch
Sewer
Sewer - Public
Special Features
Other
Unincorporated Yn
Yes
Zoning
RC

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Patrick Stafford from Baird Partnership, Inc.. 831-238-3592

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