5
See all 5 photos
$1,959,000
Est. payment /mo
10,301 Sqft Lot
Active
701 Redwood AVE Sand City, CA 93955
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82001255
HOA Y/N No
Year Built 1959
Annual Tax Amount $20,986
Lot Size 10,301 Sqft
Property Description
Rarely available Sand City warehouse. The property is zoned MU - P or Planned Mixed Use, which is a broad category. The property is leased until the Fall of 2026 with no extension options. The property owner has a potentially lucrative development option to construct 7-8 residential units on the site. The zoning code potentially will either allow multi-family apartments or for-sale residential condominium/townhomes on the site. Conversations with MPWMD and the Sand City Planning Department conclude that there is potentially water available for new development. This site can be a buy today, use it for a your business, and and then develop in the future.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning MU - P Planned Mix Use
Interior
Cooling None
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Metal
Total Parking Spaces 15
Building
Story 1
Others
Tax ID 011193020000
Listed by Hap Albers Albers Real Estate Investment Company