Unique Monterey Cannabis Zoned Retail + Residential Opportunity

CannaMLS ID: 5538
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Price: $3,395,000

Listing Details

Listing Category


Adult Use

Price: $3,395,000

Listing Status: For Sale

Beautiful triplex one block from the famous Monterey Bay Aquarium and Cannery Row. The ground floor commercial unit faces northeast towards Cannery Row, and boasts a prime location. The storefront is on a highly trafficked and visible frontage, which is zoned C-2 for licensed commercial cannabis activity. This is a choice locale, as the city recently confirmed cannabis zoning for Wave Street, which includes this unique property. Hit the ground running with this rare opportunity to lock down one of the few properties available within the limited zoning area. 

Features one residential unit with 4 bedrooms and 3 bathrooms, one spacious studio loft with a large deck offering ocean views, and the commercial unit with one and a half bathrooms. The residential units are offered fully furnished with all the amenities. Perfect for owner occupied or a vacation rental. You can live, work, and have rental income with this exceptional opportunity. 

No leases, and no seller financing available. Available immediately, serious inquiries only. Please contact for additional information and brochure.  

Listing Details

Listing Status
For Sale

Monterey, California 93940

Date Listed For Sale:

Date Last Updated:

Property Details

Buiding Size (sq ft)
4468 sq ft

Lot Size (acres)
0 acres

Green Zone Confirmed

Pricing Details

Listing Price

Seller Financing Available?

Property Purchase Price

Lease Terms:

For sale at $3,395,000. 

No lease options.

No seller financing. 



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