Contacts
Mahoney & Associates
Mahoney & Associates
Mahoney & Associates
Property Details
- Property Type Office - Medical Office
- Property Size 1,980 SF
- Lot Size 3,300 SF
- Cap Rate % 6.21
- Parking Spaces Avail. 4
- Parking Ratio 2.02 / 1,000 SF
- Year Built 1940
- Year Renovated 2014
- Date Updated May 26, 2026
Mahoney & Associates is pleased to present to the market the
opportunity to purchase 447 Figueroa in downtown Monterey.
Just a block from the beach and Fisherman’s Wharf, this
completely renovated building is currently leased on a long-term
NNN basis to Harmony Place Monterey. Showing a commitment
to the property, the Tenant recently executed a lease extension.
As such, this offering is a single-tenant net-leased opportunity
Private Offices, Open Work Area, Kitchen
• Skylights, Natural Light
• Prime coastal location just one block from the beach and Monterey
waterfront
• Roll-up door providing flexible loading, storage, or creative
workspace functionality
• Excellent walkability to downtown restaurants, shops, hotels, and
the waterfront district
3% ANNUAL RENT ADJUSTMENTS
LEASE EXPIRATION 12/31/2029
PARKING 4 OFF-STREET
Reach out to the broker for more info on lease terms and amenities
Getting around
-
77/100
Walk Score ®
-
46/100
Transit Score ®
-
86/100
Bike Score ®
Location
- City Monterey, CA
- Neighborhood Franklin
- Zip Code 93940
- Market Central Coast
Points of Interest
-
Chevron
0.26 miles
-
76
0.29 miles
-
Valero
0.39 miles
-
K&K QuickStop
1.48 miles
-
Speedway
1.61 miles
-
Shell
1.74 miles
-
ChargePoint
2.20 miles
-
Blink
3.63 miles
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East Parking Facility
0.16 miles
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West Parking Facility
0.23 miles
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Monterey Fisherman's Wharf
0.23 miles
-
City of Monterey, Lot #8
0.36 miles
-
City of Monterey, Lot #4
0.41 miles
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Lot A
0.46 miles
-
Lot J
0.53 miles
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Lot B
0.59 miles
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Lot E
0.66 miles
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Lot F
0.68 miles
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Stevenson Hotel Monterey
0.24 miles
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Monterey Hotel
0.27 miles
-
Casa Munras Garden Hotel & Spa
0.29 miles
-
Monterey Marriott
0.32 miles
-
Portola Hotel
0.32 miles
-
Hotel Abrego
0.33 miles
-
Merritt House Inn
0.36 miles
-
BEST WESTERN PLUS Monterey Inn
0.37 miles
-
Days Inn Monterey Downtown
0.39 miles
-
Hotel Pacific
0.40 miles
-
Trader Joe's
0.29 miles
-
Enterprise Cannery
0.93 miles
-
Macy's
1.07 miles
-
Pottery Barn
1.13 miles
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Cosentino Mall
1.18 miles
-
Whole Foods Market
1.20 miles
-
Steinbeck Plaza
1.31 miles
-
Monterey Canning Company Mall
1.34 miles
-
Andronico's
1.52 miles
-
American Tin Cannery
1.59 miles