Description
This is a very exclusive offering to purchase a mixed-use building located in the heart of downtown, Carmel by the Sea! Only a few commercial properties in Carmel-By-The-Sea trade each year, so each one is a rare opportunity! This beautiful mixed-use property is one of the newer developments in Carmel. Morgan Court consists of three apartment units over nine commercial units. Currently, the three apartments are rented on a month-to-month basis. David Lyng Real Estate is the only current commercial Tenant. They occupy approximately 1,679 SF and are also on a month-to-month lease. There is additional opportunity to convert 4 of the downstairs commercial units in to residential, studio apartments. Financials and expenses are available upon request.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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5,575SQFT
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$1,076$/SQFT
School Ratings & Info
Description
This is a very exclusive offering to purchase a mixed-use building located in the heart of downtown, Carmel by the Sea! Only a few commercial properties in Carmel-By-The-Sea trade each year, so each one is a rare opportunity! This beautiful mixed-use property is one of the newer developments in Carmel. Morgan Court consists of three apartment units over nine commercial units. Currently, the three apartments are rented on a month-to-month basis. David Lyng Real Estate is the only current commercial Tenant. They occupy approximately 1,679 SF and are also on a month-to-month lease. There is additional opportunity to convert 4 of the downstairs commercial units in to residential, studio apartments. Financials and expenses are available upon request.
© 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-03-05T23:48:48.34. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate. Licensed in the State of California.
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Listing provided courtesy of The Ruiz Group of Kw Coastal Estates.