555 Broadway AveSeaside, CA 93955

  • Investment properties
  • 7,167 SF
For Lease
$18/SF/YR View listing

Property Details for 555 Broadway Ave

Year built
2002
Construction
WOOD
Lot size
0.09 AC
Property size (Sq ft)
7,167 SF
Property type
Investment properties
Property subtype
Live-work space
APN
011-555-006-000
APU
11555006000

Description

This exceptional 2,812-square-foot commercial property at 555 Broadway Avenue in Seaside, California, presents a unique opportunity for businesses seeking a versatile space. Located in Monterey County, with a convenient address off Del Monte Avenue, this single-tenancy building benefits from its placement on the newly renovated Broadway Avenue. The property is zoned CD and offers a blend of office and retail functionality, ideal for a variety of uses. The space includes a dedicated office area, a retail shop complete with storage, and a practical roll-up door, providing excellent flexibility for inventory management or convenient access. The entire 2,812 square feet is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in Seaside. This is a rare opportunity to secure a well-situated, versatile commercial space in a thriving area. The property's address is 555 Broadway Ave, Seaside, CA 93955.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,146,225
    6.5%
    $1,981,131
    7%
    $1,839,622
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,998,948
    Geo Method
    $1,998,948
  • Alternative Use

    Use
    Valuation
    Residential
    $2,456,602
    Hospitality
    $2,250,234
    Educational
    $1,872,169
    Medical
    $1,936,555
    Retail
    $2,912,262

Location Insight

City
Seaside
County
Monterey
State
California
Latitude
36.6095
Longitude
-121.851
CBSA code
41500
CBSA name
SALINAS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,444
$31,298
$74,807
$106,105
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