Rarely do opportunities like this one ever come up in Carmel-by-the-Sea. This prime retail location has not been available for over 20 years. Carmel-by-the-Sea is a quaint world-renowned seaside village which attracts 100's of thousands of visitors monthly. This location attracts affluent clientele and is off of Ocean Avenue in the heart of down town. This is a Lease Buy Out for is a well-established multi-artist gallery. Offered at $395,000 or best offer. This location has a long term lease with great terms and possible to obtain additional option/s. This Lease is for two spaces 1) a retail space at street level (for @$3,000) and 2) additional space located upstairs (same building for $2000-2500). The additional space has a kitchen which offers the unique ability to host art gallery Openings, Receptions and Events. Currently the owner uses this space as a private show room, storage for inventory, an office and a place to entertain clients. It is a lovely extension to the gallery. Lease is subject to approval by property owner(s).

Additional Contact: Julie Mergen, (831) 236-5545, Jmergen@kw.com

Location Description:

Rarely do opportunities like this one ever come up in Carmel-by-the-Sea. This prime retail location has not been available for over 20 years. Carmel-by-the-Sea is a quaint world-renowned seaside village which attracts 100's of thousands of visitors monthly. This location is off of Ocean Avenue in the heart of down town.

This is a Lease Buy Out for is a well-established multi-artist gallery. Offered at $395,000 or best offer. This location has an attractive long term lease with great terms and possible to obtain additional option/s.

This Lease is for two spaces 1) a retail space at street level (for @$3,000) and 2) additional space located upstairs (same building for $2000-2500). The additional space has a kitchen which offers the unique ability to host art gallery Openings, Receptions and Events. Currently the owner uses this space as a private show room, storage for inventory, an office and a place to entertain clients. It is a lovely extension to the gallery.

Lease is subject to approval by property owner(s).

Additional Contact:

Julie Mergen

(831) 236-5545

Jmergen@kw.com

Highlights:

>> Excellent location

>> Long Term Lease

>> Space for entertainment

>> Private showing to clients

Space Available:

There is 1 space available. The minimum space available is 1,450 SF and the maximum contiguous is 1,450 SF.

Dolores Street

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>> 1,450

>> $42.33/SF/year (NNN Lease)

* Email for additional photos.

** This property is also for sale.