Industrial Building as a Development Opportunity
$1,959,000
Complex Notes:
- Industrial Buildings on a 10,302 sq. ft. corner lot
- Mixed-Use Development Opportunity
- Zoned MU-P Planned Mixed Use
- Potential uses include multi-family development
- Potential Height Limit: 60-85’ depending on several City conditions
- Density Bonuses: This property qualifies for a 25% density bonus
- Residential units may be reclassified, subdivided, and recorded as individual residential condominium units
- Potential units: 8-Units
- Sand City Planning Department: 831-394-3054
- Muni Code: Zoning: Title 18: https://ecode360.com/42880434#42880434
- Sand City Zoning Code: Chapter 18.13.MU-P Planned Mixed-Use District: Pages 30-35
- Water:
- Sand City potentially has water for new development
- MPWMD may have Pure Water in 2026 for new development
- 701 Redwood Avenue, Sand City, CA
- APN: 011-193-020
- Lot Sq. Ft.: 10,302
- Building Sq. Ft.: 4,115 + 600 Sq. Ft. Mezzanine | Total Building Sq. Ft.: 4,715
- Parking: 15-17 spaces
- Yard Space
- Lease Term: Expires Fall 2026
- Options: None
Sand City & Monterey County Facts:
- The estimated population of Monterey County is 437,907.
- According to the Monterey County Farm Bureau: In addition to crops produced, agriculture contributes over $3.9 billion per year to Monterey County's economic output, with a total estimated impact of over $11.7 billion on the local economy.
- Significant employers include Monterey County, Salinas Valley Memorial Hospital, Natividad Medical Center, Taylor Farms, Dole Vegetables, 1st Capital Bank, the hospitality industry, and the construction industry.
- The Monterey Peninsula's significant employers include Pebble Beach Company, Monterey Bay Aquarium, Naval Post Graduate School, Defense Language School, and the CSU Monterey Bay.
- Sand City consists mostly of industrial and retail businesses with an artist colony in the West End.
Floor Plan
Parcel Map
Area Map
