551 Foam StreetMONTEREY, California, 93940

$1,395,000 $/Month

MLS #52203823 Active

0.04 Acres 1,860 SQ. Feet

Rare Development Opportunity in the Cannery Row District! Ideally located 2 blocks from historic Cannery Row, 551 Foam Street has a walk score of 90 -- A Walker's Paradise -- close to all amenities (e.g., Monterey Bay Aquarium, Cannery Row, San Carlos Beach, restaurants, hotels, shops, etc.). This property has full Entitlements (to develop 2 residential condos), Conditional Use approval (to change lower commercial unit to residential), completed structural and architectural plans, Title 24, Hazmat Report, Soils Report, Alta and Topo surveys. The adjacent property @ 554 Lighthouse (delivered with architectural concept plans and surveys) is also available and can be offered in conjunction with 551 Foam Street to allow for development of both properties.

Open House Information

Essential Information

  • MLS® #52203823
  • Price$1,395,000
  • Square Footage1,860
  • Acres0.04
  • Year Built1981
  • TypeResidential Income
  • Sub-TypeOTHER
  • StatusActive

Exterior

  • RoofTar and Gravel

Community Information

  • Address551 Foam Street
  • AreaAll Other Counties/States
  • CityMONTEREY
  • CountyMonterey
  • StateCalifornia
  • Zip Code

Additional Information

  • Date ListedJuly 31st, 2019
  • ZoningMixe

Interior

  • HeatingForced Air 1 Zone
  • CoolingCentral 1 Zone A/C

Listing Details

  • Listing OfficePasadera Realty Group

Property Location

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MONTEREY, California

Community Real Estate Details for MONTEREY

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MONTEREY Real Estate Statistics

  • Total Listings: 126
  • Average price: $1,323,966
  • Highest Price: $4,895,000
  • Lowest Price: $363,000

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