Pacific Grove CA Real Estate & Commercial for Sale

Nestled in the picturesque city of Pacific Grove, this exceptional six-unit apartment building offers an incredible investment opportunity just steps from the Lover's Point Beach and the renowned Monterey Bay Aquarium. Each unit features 2 bedrooms and 1 bathroom, combining to provide approximately 5,000 square feet of living space on a 6,300-square-foot lot. The kitchens are thoughtfully designed with modern conveniences, ensuring a comfortable living experience. Residents will appreciate the convenience of on-site coin-operated laundry facilities, while the property offers ample parking with six garage spaces. Located within the highly regarded Pacific Grove Unified School District, this property is ideal for tenants seeking quality education for their children and live in a vibrant community. Perfectly positioned within walking distance to the Beaches, Cannery Row, and the Aquarium, this property presents a prime opportunity for investors looking for a potentially lucrative asset in one of California's most sought-after coastal areas.

The buildings central location in Pacific Grove places it within steps of local shops, restaurants, and attractions, making it a prime spot for businesses or community events. With its historical significance and prime location, this building holds great possibilities for anyone looking to invest in a piece of Pacific Groves rich heritage while creating a vibrant, modern space for the future or even a cultural center or gallery that celebrates the arts and history of the region. The possibilities are endless with this opportunity.

Investment opportunity 6 Retail Tenants with 2 apartments Potential to convert 2 back spaces to 5 more apartments and retain the best retail. Across from Trader Joe's., residential units or condos would have amazing ocean views if you go up a story off Street parking excellent long-term tenants the three main retail are over 20 years