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9701 Blue Larkspur Ln
Monterey, CA 93940

Office Property For Sale

Investment Highlights

  • Office with Secured Garage/Warehouse Space
  • Roll Up Doors: Two (2) Grade Level Overhead Doors
  • Fire Protection: Alarm and Sprinklers
  • Power: 1200 amps, three-phase
  • Ceiling Height 8’-15’ in Offices, 8’ in Shop

Executive Summary

Mahoney & Associates is pleased to present to the market for Sale 9701 Blue Larkspur Ln. Monterey. This is a well-maintained ± 12,290 SF office building with two below grade roll-up doors which provide access to a lower level secured ± 5,057 SF parking garage/warehouse space located in the beautiful Laguna Seca Office Park and conveniently situated off Hwy 68 via York Rd. The subject property will be delivered roughly 90% vacant at the close of escrow. The building benefits from a large ± 38,768 SF lot with three separate dedicated parking areas providing a total of 29 dedicated spaces making room for a company with a large fleet of vehicles or staff. ± 840 SF of the office space on the main level is currently leased to an engineering firm and will remain after the close of escrow. A new roof was installed in 2023 along with other cosmetic upgrades.
The ± 7,238 SF of office space is mostly comprised of an open floor plan allows for customization, with ample room for a wide variety of layouts and is currently set up with a large open laboratory space in the middle with a reception area, admin area, conference room, and seven individual offices around the perimeter. The lower level of ± 5,057 SF parking garage/warehouse space has parking for eight vehicles and has multiple file storage rooms. Being situated in unincorporated Monterey County, the VO/B-6-UR-D-S zoning code applies to potential uses. Located adjacent one of Monterey County’s main thoroughfares of Hwy 68, this property enjoys significant exposure and ease of access from both Salinas and the Monterey Peninsula.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Building Size
12,290 SF
Building Class
C
Year Built
1989
Price
$3,150,000
Price Per SF
$256
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,145 SF
Building FAR
0.32
Lot Size
0.89 AC
Zoning
VO/B-6-UR-D-S - VO/B-6-UR-D-S
Parking
29 Spaces (2.36 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
173-121-009-000
Land Assessment
$559,680
Improvements Assessment
$972,080
Total Assessment
$1,531,760
  • Listing ID: 33908622

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 9701 Blue Larkspur Ln, Monterey, CA 93940

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