For Sale
$1,800,000

167 Davis LnMonterey, CA 93940

Prime Medical Office, Great Location

Overview

Added:
Feb 3
Days on market:
62
This exceptional 2,537 square foot medical office building, situated at 167 Davis Lane (also known as 172 El Dorado Street) in Monterey, California, presents a compelling investment opportunity. The property sits on a 0.16-acre lot (6,797 square feet), providing ample space and convenience. A significant advantage is the dedicated parking lot accommodating approximately twelve vehicles, ensuring convenient access for patients and staff. The building's location is highly desirable, offering a short walk to the historic Alvarado Street and a quick drive to the scenic Del Monte Beach. Its proximity to other major medical offices and a surgery center further enhances its appeal and potential for continued success. Currently occupied by a long-term tenant, this property is ideally suited for an owner/investor seeking a stable and potentially lucrative investment in a thriving Monterey location. The asking price is $1,800,000. This presents a rare opportunity to acquire a well-situated, established medical office building in a highly sought-after area of Monterey. The property's size, parking, and location combine to create a strong investment prospect with significant long-term potential. Contact us for further details.

Property Details for 167 Davis Ln

Property type
Square Feet
2,537 SF
Year Built
1954
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Monterey
County
Monterey
State
California
Latitude
36.59343
Longitude
-121.895
167 Davis Ln, Monterey, California

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167 Davis Ln
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