701 Redwood AVE Active

Sand City,CA 93955

$ 1959000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82001255

HOA Y/N No

Year Built 1959

Annual Tax Amount $20,986

Lot Size 10,301 Sqft

Property Description

Rarely available Sand City warehouse. The property is zoned MU - P or Planned Mix Use, which is a broad category. The property is leased until the Fall of 2026. 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 there is potentially water available for new development. This site can be a buy and hold today and then develop in the future.

Location

State CA

County Monterey

Area 699 - Not Defined

Zoning MU - P Planned Mix Use

Interior

Cooling None

Fireplace No

Exterior

Utilities Available Natural Gas Available

Roof Type Metal

Total Parking Spaces 15

Building

Story 1

Others

Tax ID 011193020000

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