167 Davis LnMonterey, CA 93940

Property Details for 167 Davis Ln

Year built

1954

Construction

TILT-UP CONCRETE

Lot size

0.16 AC

Property size (Sq ft)

2,537 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

001-681-003-000

APU

1681003000

Description

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.

Location Insight

City

Monterey

County

Monterey

State

California

Latitude

36.5934

Longitude

-121.895

CBSA code

41500

CBSA name

SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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