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Monterey, CA

$11,490,000

498 Fremont Street, Monterey, CA
0
Baths
1945
Built
98
Days listed

About this home

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.

Facts & features

Interior
Bathrooms
0
Exterior & lot
Lot size
1.757 acres (76,540 sq ft)
Year built
1945
Community
Area
699 - Not Defined
County
Monterey
Listing details
Status
Active
Property type
Commercial Sale
Days on market
98
Listed
2026-04-03
Parcel #
001731015000
MLS #
ML82041466
Listed by
Peter Baird · Baird Partnership, Inc.

Location

Price history

Listed
$11,490,000 · 2026-04-03
Days on market
98
Current price
$11,490,000
Financing

Could this home be yours?

Estimated monthly payment
$72,079
$58,100 principal & interest · $13,980 taxes & insurance
$2,298,000
Estimate only
Loan $9,192,000

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Listing data provided by CRMLS

Listing courtesy of Baird Partnership, Inc.. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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