Additional details

Listed by Tim Allen, DRE #00891159 • Coldwell Banker Realty
$5,750,000
Est. payment /mo
5,886 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 5,886 sqft
Price per Sqft $976
MLS Listing ID ML82057863
Year Built 1930
Lot Size 3,839 Sqft
Property Sub-Type Commercial Property
Source MLSListings, Inc.
Property Description
An extraordinary opportunity to reimagine an iconic commercial property in the heart of Carmel-by-the-Sea. Located on Dolores Street just six buildings southwest of Ocean Avenue, the former China Arts Center offers a remarkable setting for a music venue and recording studio, private club, art gallery, luxury showroom, creative headquarters, or other distinctive destination. Conceptual renderings illustrate the range of possibilities for the property and the scale of what could be created. Significant groundwork has already been completed, including comprehensive interior demolition, architectural planning, substantial permitting work, and a major PG&E electrical service upgrade currently underway. Planning-approved plans contemplate approximately 1,172 square feet of reinstated second-floor space, along with a proposed outdoor terrace, and a rooftop deck with elevator access. Currently vacant and ready for redevelopment, this is a rare opportunity to bring a bold new vision to one of Carmels most prominent downtown locations, subject to applicable approvals.
Location
State CA
County Monterey
Area Southwest Carmel
Zoning Commercial
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features On Street
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Public
Others
Tax ID 010-147-006-000
Special Listing Condition Not Applicable
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