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$9,500 Just Listed
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Property Description
Bring your restaurant vision to life in the heart of Old Monterey! Available for lease at 220 Olivier Street, the longtime Indian Summer restaurant and lounge location offers an exceptional head start for your next dining concept. Near Fishermans Wharf and the Portola Hotel & Spa, this downtown setting positions your business to attract hotel guests, waterfront visitors, and local diners. The space features a fully equipped kitchen, dedicated dishwashing station, existing bars, and installed beer lines. Approximately 50 outdoor seats and 20 indoor seats provide an inviting mix of patio dining and intimate indoor service. Use of a full liquor license is offered, subject to applicable approvals and lease terms. With substantial restaurant infrastructure already in place, this opportunity can help reduce the expense and time associated with building a restaurant from scratch. Bring your menu, brand, and creativity to an established hospitality location with outstanding potential. Contact us for lease terms, equipment details, and a private tour.
Full Property Details
Full Property Details for 220 Olivier St
General
- Price: $9,500
- Status: Active
- Type: Commercial Service
- Source: RE_Infolink
- MLS ID: ML82063767
- Updated: 10/6/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Restaurant
Rental Information
- Complex Features: Cold Storage, Front Sign, Kitchen, Outside Sign, Refrigeration, Restroom(s), Trade Fixtures
Additional Information
- Security/Safety: Security Alarm
Parking
- Parking Features: Guest/Visitor Parking, Off-Site Parking, On Street
Location
- Area: Downtown/Fisherman Wharf
- County: Monterey
- Cross Streets: Alvarado
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas, Separate Water
Structural Information
- # Buildings: 1
- Foundation: Post and Pier
- Roof: Composition
- Disability Access: Wheelchair Access
- Square Feet: 1,392
- Year Built: 1972
Lot Features
- Minimum Lot Size: 5000
- Lot Size (Sq. Ft.): 5,000
- Yard Description: 3648 Sq. Ft.
- Present Use: Tavern/Bar
- Zoning: C1
Disclosures and Reports
- Restrictions: None
Listed by NT Real Estate, Nicholas Tortorelli
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Schools
Schools serving 220 Olivier St
School District:Monterey Peninsula Unified School District
| Name | Grades | Distance |
|---|---|---|
Monte Vista 251 Soledad Drive, Monterey, CA 93940 | K-5 | 1.1 mi |
Monterey High School 101 Herrmann Drive, Monterey, CA 93940 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 Olivier St
Date
Details
Price
Change
Source
10/06/2026
Listed
$9,500
-98.85%
MLS
5/11/2009
Sold
$826,875
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 220 Olivier St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,088
—
$965,419
2%
2025
$19,088
1%
$946,491
2%
2024
$18,835
86%
$927,934
2%
2023
$10,121
-24%
$909,741
2%
2022
$13,273
-8%
$891,904
2%
2021
$14,367
2%
$874,417
1%
2020
$14,142
—
$865,452
2%
2019
$14,213
6%
$848,483
2%
2018
$13,430
6%
$831,847
2%
2017
$12,625
2%
$815,537
2%
2016
$12,367
5%
$799,547
2%
2015
$11,815
32%
$787,539
2%
2014
$8,969
9%
$772,113
—
2013
$8,261
—
$768,624
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 220 Olivier St
220 Olivier St, Monterey, CA 93940 (MLS# ML82063767) is a Commercial Service property. 220 Olivier St is currently listed for $9,500 and was received on October 06, 2026. Want to learn more about 220 Olivier St? Do you have questions about finding other Commercial Service real estate for sale in Monterey? You can browse all Monterey real estate or contact a Coldwell Banker agent to request more information.

