498 Fremont Street, Monterey, California 93940

  • $11,490,000
498 Fremont Street, Monterey, CA 93940
Active
498 Fremont Street, Monterey, California 93940
498 Fremont Street, Monterey, CA 93940
  • $11,490,000

Description

Located at the intersection of Fremont Street and Abrego Street, this offering represents a rare opportunity to acquire a signature multi-parcel assemblage at one of Montereys most active commercial corners. The package includes 400, 498, and 512 Fremont Street, along with 40 Boronda Lane and 518 Perry Lane, collectively occupying a central position in the citys primary northsouth and eastwest corridors. This location has long been associated with a prominent auto dealer, which has operated along Fremont Street since 1957. The dealership is widely regarded as one of the earliest auto franchises in the United States and has been a defining presence in Monterey for generations. This has long been considered a landmark Monterey property. This long-standing automotive use reinforces the sites identity as a proven, functional location for vehicle sales, service, and related commercial activity. The continued success of an auto dealership at this intersection for nearly seven decades speaks to the strength of the visibility, access, and traffic fundamentals that remain in place today.

  • Address 498 Fremont Street
  • State/county CA
  • Zip/Postal Code 93940

Details

Updated on April 6, 2026 at 6:21 pm
  • Property ID: ML82041466
  • Price: $11,490,000
  • Property Size: 40720 Sqft
  • Land Area: 1.7571 Acres
  • Year Built: 1945
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • Roof: Other
  • Utilities: Other
  • County: Monterey
  • Property Type: Commercial Sale

Contact Information

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