Monterey Commercial Real Estate

407 Calle Principal - Entire Building Old Monterey Business District, Monterey, CA  
Sep 19
39,040
sqft
For Sale Hotel
300 Fremont St - Entire Building Old Monterey Business District, Monterey, CA cap rate 4.12%
Sep 19
4,860
sqft
For Sale Retail Restaurant
223 John St - Entire Building Downtown Salinas, Salinas, CA HVAC
Jun 20
2,030
sqft
For Sale Office
46 7th St - Entire Building Gonzales, CA Number Of Buildings.
Jun 20
3,850
sqft
For Sale Industrial Mixed Use Restaurant
910 N Sanborn Rd - Entire Building Salinas, CA Onsite Parking.
Jun 20
970
sqft
For Sale Industrial Restaurant
1224 Fremont Blvd - Entire Building Terrace, Seaside, CA HVAC
Jun 20
1,770
sqft
For Sale Industrial Mixed Use Office
299 River Rd - Entire Building , CA 1,100 sqft of office
Jun 20
3,350
sqft
For Sale Industrial Office
207 16th St - Entire Building Pacific Grove, CA  
Jun 16
9,050
sqft
For Sale Office
700 Camino El Estero - Entire Building Downtown Monterey, Monterey, CA  
Jun 15
9,140
sqft
For Sale Office Retail
2259 N Fremont St - Entire Building Villa Del Monte, Monterey, CA  
May 29
18,410
sqft
For Sale Mixed Use Office
9699 Blue Larkspur Ln - Unit 10 , CA Natural Light.
May 09
1,970
sqft
For Sale Office
27875 Berwick Dr - Entire Building , CA tax charges $12,950
Apr 15
5,350
sqft
For Sale Office

Monterey

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,740

Monterey Rates

Most listings are in the $20's per square foot per year. The Monterey submarket is going through a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 20% increase in rent.

Monterey Listing Supply

In the last 90 days, 323 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the listings in the Monterey are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,740 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1979 and are Class A.

Monterey Community

Market Data

Real time and historical data on commercial real estate listings in Monterey.
Research