Carmel Valley, CA 93923,27847 Berwick Drive
$1,060,000
$1,113,000
4.8%
Est.Price: ?

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4,048 SqFt

27847 Berwick Drive Carmel Valley, CA 93923

Est. payment /mo
SOLD DATE : 07/10/2023

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Key Details

Sold Price $1,060,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 4,048 sqft

Price per Sqft $261

MLS Listing ID ML81906476

Sold Date 07/10/23

HOA Y/N No

Year Built 1973

Lot Size 10,500 Sqft

Acres 0.24

Property Description

Called Briarwood, this is an attractive 2 story building built in 1973 is located in the heart of Carmel Mid Valley across the street from a Safeway anchored center. Located between Carmel and Carmel Valley Village, the mid valley center is home to many businesses and offices serving Carmel Valley and the greater peninsula. It has a limited amount of office buildings, with historically strong rental demand in the area. The building has historically been divided into smaller spaces, ranging from 114 to 608 square feet. Of the 13 suites, all except 6 spaces are on month to month tenancies, with the balance expiring in 2023, allowing an owner user to occupy part or all of the building. Existing rents are deemed to be below market, and leases are gross. Since there is a scarcity of small office product in mid valley the spaces tend to rent quickly. The building has common restrooms on both floors, and 13 parking spaces to the rear of the building, in addition to street parking.

Location

State CA

County Monterey

Area Listing

Zoning HC-D

Interior

Heating Electric

Fireplace No

Exterior

Utilities Available Master Meter

Building

New Construction No

Others

Tax ID 169231002000

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Bridge MLS
Listed by Peter Baird • Baird Partnership, Inc.
Bought with Recip

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