EXECUTIVE SUMMARY Bank-Owned REO - Motivated Seller - Priced to Sell This versatile 1-acre commercial property offers an exceptional opportunity for a variety of uses, including agriculture-related operations, food processing, or cannabis-related ventures. The motivated lender/seller has priced the property competitively to encourage a timely sale. The fully fenced and gated site features 5,568 square feet of total improvements, including a 3,264 SF main building that has been extensively renovated. Highlights include: -A former kitchen was in place and the hood system remains -ADA-compliant restrooms -Renovated office space -Storage and warehouse areas In addition, two self-contained modular structures ("PODS") - measuring 576 SF and 1,728 SF respectively - are installed on permanent foundations and provide an additional 2,304 SF of usable space. The property also includes a couple of freestanding, self-contained outbuildings, offering even more operational flexibility.
| Date | Details | Change | |
|---|---|---|---|
| Status Changed from Active to Active Under Contract | – | ||
| Price Reduced from $1,150,000 to $1,100,000 | |||
| Status Changed from Active Under Contract to Active | – | ||
| Status Changed from Active to Active Under Contract | – | ||
| Price Reduced from $1,250,000 to $1,150,000 | |||
| Show More (4) | |||
| Price Reduced from $1,395,000 to $1,250,000 | |||
| Price Reduced from $1,495,000 to $1,395,000 | |||
| Price Reduced from $1,595,000 to $1,495,000 | |||
| Price Reduced from $1,650,000 to $1,595,000 | |||
Monterey Peninsul..., KW Coastal Estates.
Based on information from California Regional Multiple Listing Service, Inc. as of November 4th, 2025 at 3:56pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.