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
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Recent Activity
3 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Listing 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.