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Elite Real Estate Group
info@elitereg805.com$5,750,000
Est. payment /mo
3,837 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82057863
HOA Y/N No
Year Built 1930
Lot Size 3,837 Sqft
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 699 - Not Defined
Zoning Commercial
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Roof Type Flat
Building
Story 3
Water Public
Others
Tax ID 010147006000
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Listed by Tim Allen Coldwell Banker Realty #00891159
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Elite Real Estate Group
Team