660 Camino AguajitoMonterey, CA 93940

This exceptional three-story, 11,000 square foot Class B executive office building in Monterey, CA (93940), presents a unique investment opportunity. Located at 660 Camino Aguajito, this multi-tenant property boasts a strong income history and features stunning views of Lake El Estero. Currently 65% occupied, with long-term tenants on the first two floors, the approximately 3,600 square foot third floor is available for lease or owner-occupancy. The building includes 20 parking spaces, a full solar package eliminating electricity costs, and numerous upgrades for energy efficiency. Each of the upper floors offers private decks and floor-to-ceiling windows. The property features a total of six full bathrooms, kitchen areas for tenants, and is handicap accessible. Built in 1969 on a 12,500 square foot corner lot, this property offers convenient freeway access and is minutes from downtown Monterey. Approved for residential conversion, this building offers significant flexibility and potential for future development. The building also includes an elevator and central air conditioning. This is a rare opportunity to acquire a waterfront property with a strong cap rate and impressive income generation potential. The listing price is $3,345,000. The property is a NNN lease type.