Office Building Appraisal in Monterey

We recently just appraised an office building located along Foam Street in Monterey, Monterey County, California. The property is located one block east of Cannery Row, a popular tourist attraction. Fisherman’s Wharf and the Monterey Bay Aquarium are also located in close proximity to the subject. The subject is a two-story building constructed in 1991. The property totals 3,865 rentable square feet. The property is 100% occupied by three tenants. This commercial appraisal was conducted for a national financial institution.