449 Alvarado ST Monterey, CA
$ 5,500,000
Property Attributes
  • MLS#ML81835091
  • TypeCommercial
  • CountyMONTEREY
  • CityMonterey
  • AreaDowntown-Fisherman Wharf
  • Zip93940
  • Style
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19597
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Anthony G. Davi, Jr. with A.G. Davi Ltd.
Data Source:
MLS Listings
Property Description

Landmark Downtown Monterey building. Huge basement with 3 vaults - former Monterey Savings and Loans building. Soaring ceilings, elevator and mezzanine. Basement goes under the front yard to the sidewalk. Seller working on plans to redevelop the property with a focus on mixed use. The adobe is NOT included. This is a rare opportunity to own a landmark property and play a role in shaping the future of Downtown Monterey.

Price History
3/20/2021 Listed $5,500,000

General Features

# of Buildings 1
Accessibility Elevator / Lift, Wheelchair Access, Other
Additional Rooms Basement - Finished, Loft, Safe / Panic / Room, Storage
Age 58
Amenities Misc. High Ceiling, Open Beam Ceiling, Security Gate, Skylight, Vaulted Ceiling, Other
City Limits (y/n) Yes
Cooling None
County Monterey
Flooring Carpet, Vinyl / Linoleum
Heating Gas
Incorporated Y/n Yes
Listing Agent State License 01036716
MLS Area Downtown/Fisherman Wharf
Parking Features On Street
Present Use Commercial, Office, Retail
Property SubType Commercial Property
Property Type Commercial/Industrial
Restrictions None
Roof Tar and Gravel
Security Features Security Fence, Vault
Special Listing Conditions Not Applicable
Status Active
Utilities Master Meter, Public Utilities
Water Private / Mutual
Year Built 1963
Zoning Text Comm

Interior Features

Warehouse Sq Ft 8997

Exterior Features

Building Area Total 19597
Facilities Multi-Tenant Building, Restroom(s), Other
Foundation Details Concrete Perimeter
Lot Acres 0.3010
Lot Size Area 13112.00
Lot Size Units Square Feet
Maximum Lot Size 13112.00
Meters Master Electric, Master Gas
Sewer/Septic Sewer - Public
Yard Sqft 1
Yard/grounds Back Yard, Balcony / Patio, Courtyard, Fenced, Low Maintenance


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93940

AVG $3.03M
AVG 22
Year Built
AVG 1971
AVG 57
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.