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.
MLS # | ML82001255 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1959 |
Days On Site | 77 |
Listing Provided By | Albers Real Estate Investment Company | Hap Albers |
SQ Feet | 4,715 |
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Story(s) | 1 |
Building(s) | 1 |
Zoning | MU - P Planned Mix Use |
Acreage | 0.24 |
Cooling | None |
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Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Roof | Metal |
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Utilities | Natural Gas Available |
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Property | 20986 |
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State | CA |
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County | Monterey |
City | Sand City |
Zip Code | 93955 |
Area | 699 Not Defined |
Listing VS Median (in 93955) | |
Price: $1,959,000 low | high Med: $949,500 SqFt: 4,715 low | high Med: 1,864 $ / SqFt: $415 low | high Med: $569 On site: 77 low | high Med: 78.500000 |