Mahoney & Associates is pleased to offer for purchase the Ground Lease of approximately ½ of ±8,000 SF or prime downtown Carmel CA retail land. Included in the purchase of the Ground Lease is ownership of the improvements upon the land, which consists of three commercial units and one apartment.… Read More The Ground lease has approximately 33 years of term remaining on the original 99 year ground lease. The subject site is part of a larger parcel totaling 8000 SF. The parcel has been ground leased to two leasehold interests, one of which is the subject parcel. The pro-rata estimate of the subjects leased interest in the site is believed to be ±4,276 SF however an exact figure would be best ascertained by a surveyor. Read Less
Courtesy of Baird Partnership, Inc., Peter Baird 831-646-1919
Listing Snapshot
Days Online
199
Last Updated
Property Type
Commercial Property
Square Ft.
3,518
Lot Size
0.18 Acres
Year Built
1960
MLS Number
ML82000275
30 Days Snapshot Of 93923
$3.25M
+32%
(avg) sold price
22
-18%
homes sold
95
+26%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 8000.00, Max Area Units: Square Feet, 0 yard square feet, Lot is 0.18365472910927 acres
Accessibility Features
None
Building
3,518 structure square feet, 3,518 net leasable square feet, 0 warehouse square feet, Built in 1960, Age: 65
Cooling
None
Foundation
Other
Garage
No Parking
Water Features
Public
Heating
Forced Air
Interior Features
Minimum ceiling height: 8
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
Miscellaneous
Total expenses: 148592
Property
Zoning: CC - Central Commercial
Roof
Tar and Gravel
Security Features
None
Taxes
Annual tax amount: $25,016
Utilities
Other, Separate Water
Sewer
Sewer - Public
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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