$1,595,000
( $461.92Per Sq Foot )
 $8,562 est/mo Sourced by Back At You

595 Figueroa Street,Monterey, CA 93940

Monterey, CA 93940

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Description

Rare opportunity to own a versatile two-story commercial property in a prime Monterey location with exceptional investment and redevelopment potential. Offering approx. 3,456 sq. ft., the building features multiple offices, 4 bathrooms, 5 separate entrances, and two sets of stairs at opposite ends providing excellent flexibility for separate access to each level. Situated on a corner lot with parking for 8+ vehicles and peeks of the Monterey Bay. Just a short 7-minute walk to Del Monte Beach and conveniently located near Downtown Monterey, Lake El Estero, restaurants, banks, schools, and more. The property offers unique potential for multiple uses, including full residential conversion or a mixed-use configuration with retail downstairs and residential upstairs, subject to City approval and applicable regulations. Plans are currently being pursued with the City for 3 residential units2 upstairs and 1 downstairs. A unique Monterey property with location, flexibility, and exciting possibilities for its next owner.

Details

MLS #ML82063709
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1982
Days On Site38
Listing Provided ByReal Brokerage Technologies | Miguel Amaya

Features

SQ Feet3,453
Story(s)2
ZoningPC-D-ES
Acreage0.11

Interior

CoolingNone
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofShingle

Taxes

Property9713

Area Information

StateCA
CountyMonterey
CityMonterey
Zip Code93940
Area699 Not Defined
Listing VS Median (in 93940)
Price:
$1,595,000
low | high
Med:
$1,398,500
62.319749216301% of Average
sqft:
3,453
low | high
Med:
1,563
100% of Average
$ / sqft:
$462
low | high
Med:
$902
45.333063935029% of Average
On site:
38
low | high
Med:
38.5
98.701298701299% of Average
Sourced by Back At You

Market Activity 93940

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Learn More About This Property

StateCA
CountyMonterey
CityMonterey
Zip Code93940
Area699 Not Defined
Listing VS Median (in 93940)
Price:
$1,595,000
low | high
Med:
$1,398,500
62.319749216301% of Average
sqft:
3,453
low | high
Med:
1,563
100% of Average
$ / sqft:
$462
low | high
Med:
$902
45.333063935029% of Average
On site:
38
low | high
Med:
38.5
98.701298701299% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.196M - $1.993M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
1072 Del Monte Avenue Property Photo 1
$1,299,999
1072 Del Monte Avenue
Monterey, CA 93940
Listing Updated: November 12, 2026 at 12:14:31 PM PST