Dolores 2NW of 7th Avenue, Carmel By The Sea, CA 93921

$5,750,000

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List Price
$5,750,000
Status
ACTIVE
MLS#
ML82057863
Year Built
1930
Lot Size
3,839
Acres
0.09
Days on Market
26
Property Type
Commercial

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.

Additional Information

Heat
Forced Air
Cooling
Yes
Cooling Description
None
Roof
Flat
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Tim Allen (team@timallenproperties.com) from Listing Office: Coldwell Banker Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.