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481 Alvarado St
Monterey, CA 93940
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 1,800 SF |
| Property Subtype | Restaurant | Year Built | 1951 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,800 SF |
| Year Built | 1951 |
About the Property
This 1,800 sq. ft. restaurant is in one of Monterey’s best locations in the center of the main downtown dining and entertainment area. Business in the area is strong year-round. The recent re-opening of the newly renovated Monterey Conference Center makes this location even more desirable. The restaurant is well-equipped, very clean, and ready to open. The restaurant furniture, fixtures & equipment assets are yours for $69,000. An ABC 41 beer & wine license is included. The premises include a spacious and capable kitchen, indoor seating, and a street-front patio area. A new 5+5 lease is available. NNN costs are low. 481 Alvarado Street is in the heart of downtown Monterey in the main downtown dining and entertainment area. Within easy walking distance are major hotels, the conference/convention center, retail shopping, government offices, business offices, and other visitor attractions. The restaurant has recently closed. Because of the clean condition and great kitchen, it’s ready to go. If you’re looking to open a new restaurant in the Monterey area, you need to see this. Act now before it’s gone! Showings are by appointment only. Contact info@carmelbizsales.com or call 831-625-5581 today. This is for a required lease to the current owner.
