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$6,500,000
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Property Description
Located two blocks from the world famous Ocean Avenue, this mixed-use property has recently undergone a large rennovation. A portion of the second floor has been converted to a 2-bedroom / 2.5-bath luxory residential unit. There are three commercial tenants currently in the building. The City of Carmel Planning office has approved 1-3 additional units for the vacant space in the rear of the building. The one vacant street-fronting retiail space has group 3 water credits. A condo map is possible for the commercial and residential units. Property includes 0.75 acre feet of water from the Malpaso Water Company. The Seller is interested in leasing-back the existing residential unit.
Full Property Details
Full Property Details for San Carlos 2 NW Of 8th
General
- Sold For: $6,500,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML81972268
- Added to Site: 591 day(s) ago
Additional Information
- Security/Safety: Other
Parking
- Parking Features: Off-Street Parking
Location
- Area: Southwest Carmel
- County: Monterey
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter and Slab
- Roof: Flat / Low Pitch
- Disability Access: Other
- Square Feet: 8,718
- Year Built: 1977
Lot Features
- Lot Size (Acres): 0.1837
- Minimum Lot Size: 8000
- Building Sites: 1
- Zoning: RC
Disclosures and Reports
- Restrictions: None
Listed by Baird Partnership, Inc., Patrick Stafford
Sold by McR, Alessia Ucelli
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Schools
Schools serving San Carlos 2 NW Of 8th
School District:Carmel Unified School District
| Name | Grades | Distance |
|---|---|---|
Carmel River Elementary School Monte Verde St. and 15th Ave., Carmel-by-the-Sea, CA 93923 | K-5 | 0.7 mi |
Carmel Middle School 4380 Carmel Valley Rd., Carmel-by-the-Sea, CA 93922 | 6-8 | 1.6 mi |
Carmel High School 3600 Ocean Ave., Carmel-by-the-Sea, CA 93923 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for San Carlos 2 NW Of 8th
Date
Details
Price
Change
Source
9/27/2024
Sold
$6,500,000
-12.16%
MLS
7/08/2024
Listed
$7,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
San Carlos 2 NW Of 8th, Carmel, CA 93923 (MLS# ML81972268) is a Commercial Residential Facility property that was sold at $6,500,000 on September 27, 2024. Want to learn more about San Carlos 2 NW Of 8th? Do you have questions about finding other Commercial Residential Facility real estate for sale in Carmel? You can browse all Carmel real estate or contact a Coldwell Banker agent to request more information.

