CannaMLS ID: 255124

Marijuana Retail Facility for sale in Monterey, CA 93940

Unique Monterey Cannabis Zoned Retail + Residential Opportunity

Created  | Updated 

Price

$ 3,499,999

Beautiful triplex one block from the famous Monterey Bay Aquarium and Cannery Row. The ground floor commercial unit faces northeast towards Cannery Row, and boa

listing image

Property

  • Address: 845 Wave Street

  • Property is: For sale

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Retail

  • Purchase price: $ 3,499,999

  • Building size (sq ft): 4,468

Beautiful triplex one block from the famous Monterey Bay Aquarium and Cannery Row. The ground floor commercial unit faces northeast towards Cannery Row, and boasts a prime location. The storefront is on a highly trafficked and visible frontage, which is zoned C-2 for licensed commercial cannabis activity. This is a choice locale, as the city recently confirmed cannabis zoning for Wave Street, which includes this unique property. Hit the ground running with this rare opportunity to lock down one of the few properties available within the limited zoning area. 

Features one residential unit with 4 bedrooms and 3 bathrooms, one spacious studio loft with a large deck offering ocean views, and the commercial unit with one and a half bathrooms. The residential units are offered fully furnished with all the amenities. Perfect for owner occupied or a vacation rental. You can live, work, and have rental income with this exceptional opportunity. 

No leases, and no seller financing available. Available immediately, serious inquiries only. Please contact for additional information and brochure.  

For sale at $3,499,999. 

No lease options.

No seller financing. 

Contact Seller

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