0 Mission Street

Carmel, CA 93923

About this property

Mahoney & Associates is pleased to offer for purchase the Ground Lease of approximately ½ of ±8,000 SF or prime downtown Carmel CA retail land. Included in the purchase of the Ground Lease is ownership of the improvements upon the land, which consists of three commercial units and one apartment. The Ground lease has approximately 33 years of term remaining on the original 99 year ground lease. The subject site is part of a larger parcel totaling 8000 SF. The parcel has been ground leased to two leasehold interests, one of which is the subject parcel. The pro-rata estimate of the subjects leased interest in the site is believed to be ±4,276 SF however an exact figure would be best ascertained by a surveyor.

About this property

Mahoney & Associates is pleased to offer for purchase the Ground Lease of approximately ½ of ±8,000 SF or prime downtown Carmel CA retail land. Included in the purchase of the Ground Lease is ownership of the improvements upon the land, which consists of three commercial units and one apartment. The Ground lease has approximately 33 years of term remaining on the original 99 year ground lease. The subject site is part of a larger parcel totaling 8000 SF. The parcel has been ground leased to two leasehold interests, one of which is the subject parcel. The pro-rata estimate of the subjects leased interest in the site is believed to be ±4,276 SF however an exact figure would be best ascertained by a surveyor.

Features and Additional Information

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$1,150,000 Active
3,518 SqFt

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Baird Partnership, Inc. 831-646-1919
1-831-646-1919
Listed By Peter Baird
Brokerage: Baird Partnership, Inc. 831-646-1919

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