Property Details
About this Property
845 Wave Street is a property in the heart of Cannery Row unlike any other with incredible opportunity for a savvy entrepreneur. The commercial location is a prime candidate for the pre-allocated Wave district Cannabis Dispensary, one of only 3 dispensary locations that will be allowed in Monterey. With thousands of tourists, families and cars passing by each day this location could be the ideal location for retail cannabis. The lot is just 15 yards from public parking, along a popular bike path, and a stones throw from the beach. The main house features breathtaking ocean views, vaulted ceilings & a ton of natural light that brings the space to life. If you did want to focus on the business opportunity on Wave Street the main house could potentially be converted to expand the commercial space to 3,000+ square feet. The back house is a dream 1-bed, 1-bath with an attached 2-car garage complete with a large rooftop deck overlooking Cannery Row and with views of the Pacific Ocean!
MLS Listing Information
MLS #
ML81907484
MLS Source
MLSListings, Inc.
Days on Site
194
Buyer's Brokerage Compensation*
2.50%
Interior Features
Cooling
None
Heating
Central Forced Air, Central Forced Air - Gas, Fireplace
Exterior Features
Roof
Composition
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Detached, Garage: 3 Car(s)
Elementary District
Monterey Peninsula Unified
High School District
Monterey Peninsula Unified
Sewer
Public Sewer
Water
Public
Zoning
C2
Nearby Homes for Sale
845 Wave St is a Triplex in Monterey, CA 93940. This 2,998 square foot property sits on a 5,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,950,000 and was built in 1958. This address can also be written as 845 Wave St, Monterey, CA 93940.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 16, 2023. For the most current information, please contact The C Group, (831) 601-8936
