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$11,490,000
24 Days On Site

498 Fremont Street
MONTEREY, CA 93940

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
40,720
SqFt
$282
/SqFt
1945
Built
County:
Monterey
Listed by of Peter Baird of Baird Partnership, Inc. (831) 646-1919
Call Now: (831) 524-2841
Is this the listing for you? We can help make it yours.
(831) 524-2841
498 Fremont Street498 Fremont Street498 Fremont Street498 Fremont Street
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Monthly Payment (Est.)

$52,422
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$11,490,000
Days On Site 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
40,720 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1945
MLS® Number 
ML82041466
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Additional Property Use 
Automotive
Building Features 
Manager's OfficeOfficeRestroom(s)Other
Disclosures 
Earthquake DisclosureNatural Hazard Disclosure
Foundation 
Other
Garage 
Yes
Parking 
CarportEnclosedWorkshop in GarageCoveredUnderground
Security 
Other
Sewer 
Other
SqFt Total 
40720
Utilities 
Other
Zoning 
C-2, R-1
Interior Features
Cooling 
Other
Heating 
Other
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Exterior Features
Other Structures 
Workshop
Roof 
Other
Community Features
Accessibility Features 
Accessible Entrance
Listed by of Peter Baird of Baird Partnership, Inc. (831) 646-1919



The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than eXp Realty are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, MLS Listings, Inc..
Last checked: 2026-04-27 04:09 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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