REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Peter Baird • Baird Partnership, Inc., DRE#00533485
$ 11,490,000
Est. payment /mo
Active
498 Fremont ST Monterey, CA 93940
40,720 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 40,720 sqft
Price per Sqft $282
MLS Listing ID ML82041466
Year Built 1945
Lot Size 1.757 Acres
Property Sub-Type Commercial Property
Property Description
Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.
Location
State CA
County Monterey
Area Alta Mesa/Glenwood Circle
Zoning C-2, R-1
Interior
Heating Other
Cooling Other
Exterior
Parking Features Carport , Covered Parking, Enclosed, Uncovered Parking, Underground Parking, Workshop in Garage
Utilities Available Other
Roof Type Other
Present Use Automotive,Service
Building
Foundation Other
Sewer Other
Water Other
Others
Restrictions None
Tax ID 001-731-015-000
Security Features Other
Special Listing Condition Not Applicable
© 2026 MLSListings Inc. All rights reserved.
NEARBY SCHOOL & BUSINESS