The buildings central location in Pacific Grove places it within steps of local shops, restaurants, and attractions, making it a prime spot for businesses or community events. With its historical significance and prime location, this building holds great possibilities for anyone looking to invest in a piece of Pacific Groves rich heritage while creating a vibrant, modern space for the future or even a cultural center or gallery that celebrates the arts and history of the region. The possibilities are endless with this opportunity.
Investment opportunity 6 Retail Tenants with 2 apartments Potential to convert 2 back spaces to 5 more apartments and retain the best retail. Across from Trader Joe's., residential units or condos would have amazing ocean views if you go up a story off Street parking excellent long-term tenants the three main retail are over 20 years
Pacific Grove is located in California. Pacific Grove, California has a population of 15,169. Pacific Grove is less family-centric than the surrounding county with 26.9% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Pacific Grove, California is $92,980. The median household income for the surrounding county is $82,013 compared to the national median of $69,021. The median age of people living in Pacific Grove is 48 years.
The average high temperature in July is 66.5 degrees, with an average low temperature in January of 42.7 degrees. The average rainfall is approximately 18.3 inches per year, with 0.1 inches of snow per year.