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845 Wave Street

Monterey, CA 93940
  • $3,950,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: ML81907484
UPDATED: 34 min ago
$3,950,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,998
    SQFT
  • $1,318
    $/SQFT
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

School District:

Description

845 Wave Street is a property in the heart of Cannery Row unlike any other with incredible opportunity for a savvy entrepreneur. The commercial location is a prime candidate for the pre-allocated Wave district Cannabis Dispensary, one of only 3 dispensary locations that will be allowed in Monterey. With thousands of tourists, families and cars passing by each day this location could be the ideal location for retail cannabis. The lot is just 15 yards from public parking, along a popular bike path, and a stones throw from the beach. The main house features breathtaking ocean views, vaulted ceilings & a ton of natural light that brings the space to life. If you did want to focus on the business opportunity on Wave Street the main house could potentially be converted to expand the commercial space to 3,000+ square feet. The back house is a dream 1-bed, 1-bath with an attached 2-car garage complete with a large rooftop deck overlooking Cannery Row and with views of the Pacific Ocean!

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Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-02-03T18:39:03.777.

www.beardrealtyteam.com/homes/133136103
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845 Wave Street Monterey, CA 93940

  • Price: $3,950,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 34 min ago
  • ID#: ML81907484
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,998
SQFT
$1,318
$/SQFT
1958
Built
Neighborhood:
Cannery Row/Lighthouse Business District
County:
Monterey
Area:
Cannery Row/Lighthouse Business District
School District:
Monterey Peninsula Unified
Property Description
845 Wave Street is a property in the heart of Cannery Row unlike any other with incredible opportunity for a savvy entrepreneur. The commercial location is a prime candidate for the pre-allocated Wave district Cannabis Dispensary, one of only 3 dispensary locations that will be allowed in Monterey. With thousands of tourists, families and cars passing by each day this location could be the ideal location for retail cannabis. The lot is just 15 yards from public parking, along a popular bike path, and a stones throw from the beach. The main house features breathtaking ocean views, vaulted ceilings & a ton of natural light that brings the space to life. If you did want to focus on the business opportunity on Wave Street the main house could potentially be converted to expand the commercial space to 3,000+ square feet. The back house is a dream 1-bed, 1-bath with an attached 2-car garage complete with a large rooftop deck overlooking Cannery Row and with views of the Pacific Ocean!
Exterior Features

Lot Size Area 0.13 Parking Spaces Total 2

Interior Features

Building Area Total 2998 Cooling No Air Conditioning Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Age 64 For Sale Or Rent For Sale Present Use 476871 Property Sub Type Triplex Zoning C2

Contra Costa Association of Realtors logo Listing courtesy of The C Group of Real Brokerage Technologies: [IDXCONTACTINFORMATION].


Contra Costa Association of Realtors logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2023-02-03T18:39:03.777.

 
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KW Advisors | Beard Realty Team
4937 Telegraph Avenue Suite A
Oakland CA, 94609