845 Wave ST

MONTEREY, CA, 93940

$4,200,000

$1,400 per ft²
$4,200,000
$1,400 per ft²
Active
Active
 - For Sale
carpenters-square
2,998 ft²
property_type
Multi-family
calendar
Built 1958
845 Wave Street is a property in the heart of Cannery Row unlike any other with incredible opportunity for a savvy entrepreneur. The commercial location is a prime candidate for the pre-allocated Wave district Cannabis Dispensary, one of only 3 dispensary locations that will be allowed in Monterey. With thousands of tourists, families and cars passing by each day this location could be the ideal location for retail cannabis. The lot is just 15 yards from public parking, along a popular bike path, and a stones throw from the beach. The main house features breathtaking ocean views, vaulted ceilings & a ton of natural light that brings the space to life. If you did want to focus on the business opportunity on Wave Street the main house could potentially be converted to expand the commercial space to 3,000+ square feet. The back house is a dream 1-bed, 1-bath with an attached 2-car garage complete with a large rooftop deck overlooking Cannery Row and with views of the Pacific Ocean!
MLS® ID:
ML81907484
Updated:
11/29/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Central Forced Air, Central Forced Air - Gas, Fireplace

Exterior/Building Features

Lot Size
5,501 ft² lot
Roof
Composition
Sewer
Sewer - Public

Other Property Details

Area Name
111
Garage
Yes
Garage Spaces
3
Parking
Detached Garage
Parking Total
2.0
View
Y
County
Monterey
Utilities
Public Utilities
Water Source
Public
Pool
Yes
Zoning
C2

Courtesy of Better Homes And Gardens Real Estate By The Sea, The Group,
Listing Contact: 831-601-8936 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tim Allen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 8:53 AM UTC, 11/29/22

 

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