CONFIDENTIALITY, TERMS & CONDITIONS
The information contained herein is strictly confidential, furnished solely for the purpose of considering the purchase described herein and is not to be used for any other purpose or made available to any other person without the expressed written consent of Tim Allen Properties Team (herein after “Broker”). It has been obtained from sources believed to be reliable, but no representation is being made with regard to its accuracy or completeness. Prospective buyers should undertake their own investigations and reach their own conclusions without reliance upon the material contained herein. Neither the Seller nor Broker, nor any of their officers, agents or principals makes any representations or warranties, expressed or implied, as to the accuracy or completeness of the Offering Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of the Offering Memorandum or its contents. Verification of the information contained in the Offering Memorandum is solely the responsibility of the prospective purchaser. Seller and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest and/or terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase unless and until such offer is approved by the Seller, and any conditions to the Buyer’s obligations there under have been satisfied or waived.
CONTENTS
The Property
Overview
Aerial View
Floor Plan & Parcel Map
Aerial Overlays
Anchor Tenants
Apartments
Carmel
Overview
Nearby Cities
Nearby Attractions
Pro Forma
About Tim Allen Properties Team
THE PROPERTY
$6,595,000
Located in the heart of world-famous Carmelby-the-Sea, this rare mixed-use investment opportunity includes 10 retail spaces and 3 apartments in a highly desirable area of downtown. With established local businesses in place, such as Stationaery and Malbon Golf, the property offers immediate income and future potential. Just one block from Ocean Avenue and walking distance to Carmel Beach, San Carlos Square enjoys consistent foot traffic year-round. With Big Sur to the South and all the wonderful amenities The Monterey Peninsula has to offer, this is an outstanding investment opportunity in one of the most beautiful areas on earth.
7,878 SQFT LOT
AERIAL VIEW
FLOOR PLAN
San Carlos NE 6th A venue Carmel, CA 93921
Upper Level GBA - 2917sf
Apartment 1 - 946sf
Apartment 2 - 411sf
Apartment 3 - 1328sf
Main Level GBA - 3068sf
Crossroad Jeweler - 540sf
Malbon Golf 1 - 643sf
Malbon Golf 2 - 275sf
W ine Shop - 275sf
Stationaery - 1150sf
Main Level 2 GBA - 2079sf
The Agency - 490sf
Loes Hinse - 473sf
Architecture Firm - 924sf
PARCEL MAP
OVERLAY OF FIRST LEVEL FLOOR PLAN: RETAIL SPACES
OVERLAY OF SECOND LEVEL FLOOR PLAN: APARTMENTS
ANCHOR TENANTS
STATIONÆRY
Stationæry is a popular neighborhood restaurant operated by Anthony & Alissa Carnazzo. Offering brunch, dinner, specialty coffee, and natural wines, they celebrate comforting flavors with elegant presentation. Led by Chef Amalia Scatena, they primarily source from Monterey & Santa Cruz County farms and ranches, according to what is fresh and in season.
MALBON GOLF
Malbon Golf is a lifestyle brand inspired by the game of golf. The brand has quickly gained broad popularity and recognition amongst creative, stylish, and active people due to its unmistakable branding and playful curation. The brand is fueled by meticulous and tasteful customers who have a passion for golf as well as expressing themselves through what they wear.
APARTMENT 1
APARTMENT 2
CARMEL-BY-THE-SEA
CARMEL
Carmel is a village known for its timeless appeal with quaint cottages, unique shops, delightful cafes and unparalleled scenery. It has continued to please generations of visitors and residents alike and is touted world-wide as an ideal place to live. Founded in 1902, Carmel is known for its picturesque scenery and rich artistic history, and is a place where you can enjoy both Carmel Beach and Carmel River State Beach. A town once dominated by writers, poets and actors, Carmel-by-the-Sea retains a whimsical charm unlike anywhere else while offering some of the most unique luxury real estate on the coast.
This village is a great location with easy access to Monterey Airport for public and private air travel, and just a 10-15-minute drive to Pebble Beach, Pacific Grove, Monterey and Carmel Valley.
PARKS & NATURE
Carmel River State Beach
Devendork Park
Picadilly Park
Forest Hills Park
Palo Corona Regional Park
EVENTS
Carmel Art Festival
Carmel Bach Festival
Annual Taste of Carmel
Carmel Culinary Week
Carmel House & Garden Tour
RESTAURANTS
Aubergine *Awarded a Michelin star
Grasings
SCHOOLS
Carmel River Elementary (public K-5)
Carmel Middle School (public 6-8)
Carmel High School (public 9-12)
Stevenson School (private PK-8)
All Saints Day School (private PK-8)
LOCAL ATTRACTIONS
Carmel Mission Basilica
Carmel Beach
Point Lobos
Downtown Carmel – Ocean Avenue
Robinson Jeffers Tor House
ACCOLADES
Named #2 of The 10 Best Small Cities in America by HuffPost Forge in the Forest
Seventh & Dolores
Dametra
NEARBY CITIES
Pacific Grove
Pebble Beach
Carmel
Monterey
Carmel Valley
Big Sur
Santa Cruz
PEBBLE BEACH
OVERVIEW
Pebble Beach’s six thousand plus acres have inspired generations of Monterey Peninsula visitors. Today’s Pebble Beach was the vision of the ‘’Big Four’’ railroad barons, Huntington, Stanford, Hopkins and Crocker, and implemented by Samuel FB Morse, who developed it in to the world-class destination, golf mecca and internationally renowned real estate development we know today. It is indeed a world-class treasure.
PARKS & NATURE
Lone Cypress
Stillwater Cove
Cypress Point Lookout
Seal Rock
EVENTS
AT&T Pebble Beach National Pro-Am
Pebble Beach Concours d’Elegance
Pebble Beach Food & Wine Festival
Concorso Italiano
US Open Golf Championship
RESTAURANTS
The Bench
Roy’s at Pebble Beach
Stillwater Bar & Grille
SCHOOLS
Carmel River Elementary (public K-5)
Carmel Middle School (public 6-8)
Carmel High School (public 9-12)
Stevenson School (private PK-12)
LOCAL ATTRACTIONS
17 Mile Drive
Lone Cypress
Pebble Beach Golf Links
Spyglass Hill Golf Course
Poppy Hills Golf Course
ACCOLADES
Porter’s in the Forest Peppoli at Pebble Beach
Named America’s Top Golf Resort by Forbes
MONTEREY
OVERVIEW
The city of Monterey, founded in 1770, was the capital of Alta California under both Spain (1804 to 1821) and Mexico (1822 to 1836).
Monterey County was one of the original counties of California. Until the 1950s, Monterey was an abundant fishery. Monterey’s present-day attractions include the Monterey Bay Aquarium, Cannery Row, Fisherman’s Wharf, California Roots Music and Arts Festival, and the annual Monterey Jazz Festival.
PARKS & NATURE
Jacks Peak County Park
Monterey Veterans Memorial Park
San Carlos Beach Park
El Estero Park
Del Monte Beach
EVENTS
Monterey Jazz Festival
Monterey Car Week
Red Bull U.S. Grand Prix and Moto GP
World Championship
California Roots Music and Arts Festival
RESTAURANTS
Chart House
Schooners Coastal
Kitchen and Bar
Monterey Fish House
Montrio Bistro
Rosine’s
SCHOOLS
Monte Vista Elementary School (public)
La Mesa Elementary School (public)
Walter Colton Middle School (public)
Monterey High School (public)
San Carlos Elementary (private)
LOCAL ATTRACTIONS
Monterey Bay Aquarium
Cannery Row
Fisherman’s Wharf
Monterey Museum of Art
Whale Watching
PACIFIC GROVE
OVERVIEW
From smallish bayside lots with quaint summer cottages surrounding a thriving traditional downtown shopping district to substantial sized oceanfront estates, Pacific Grove is rightfully proud to boast it is “America’s Last Hometown”. Pacific Grove citizens and visitors enjoy many nearby amenities including a world-class bayside trail, a top rated municipal ocean-side golf course, great local schools, and a town where most every attraction and need is a stroll away.
PARKS & NATURE
Asilomar State Beach
Lover’s Point Park
Monarch Butterfly
Sanctuary
Caledonia Park
EVENTS
Feast of Lanterns
George Washington Park
Coastal Recreation Trail
Good Old Days Celebration
Concours Auto Rally
Butterfly Days
RESTAURANTS
Passionfish
Il Vecchio
Fandango
Red House Café
La Mia Cucina
First Awakenings
SCHOOLS
Monte Vista Elementary School (public)
Forest Grove Elementary School (public)
Robert Dawn Elementary School (public)
Pacific Grove Middle School (public)
Pacific Grove High School (public)
LOCAL ATTRACTIONS
Point Pinos Lighthouse
Monarch Grove Sanctuary
Butterfly House
Pacific Grove Museum of Natural History
ACCOLADES
Nicknamed “America’s Last Hometown” and referred to as “Butterfly Town USA”
BIG SUR
OVERVIEW
Big Sur lies just south of the Monterey Peninsula. A land of majestic peaks and serene canyons, magnificent coastline and natural beauty, where rustic inns and world-renowned cuisine meet luxurious, eclectic living and a lifestyle both refined and artistic. This 90-mile stretch of wonder along Highway One, between Carmel and San Simeon, has a cultural imprint that spans generations of influential figures.
PARKS & NATURE
McWay Falls
Pfeiffer Beach
Garrapata State Park
Julia Pfeiffer Burns State Park
Limekiln State Park
Andrew Molera State Park
EVENTS
Big Sur International Marathon
Big Sur River Run
Big Sur Food & Wine Festival
Big Sur Jade Festival
RESTAURANTS
Nepenthe
Sierra Mar
Big Sur Roadhouse
SCHOOLS
Captain Cooper Elementary (public K-5)
Carmel Middle School (public 6-8)
Carmel High School (public 9-12)
LOCAL ATTRACTIONS
Bixby Creek Bridge
Point Sur Lighthouse
Henry Miller Memorial Library
Esalen Institute
The Sur House Deetjen’s Big Sur Inn Restaurant
CARMEL VALLEY
OVERVIEW
Historically the local “bread basket” of the Monterey Peninsula it was also the playground for early California’s version of the “Rich and Famous”. The valley has perhaps the finest soil, climate and livability in the world. Many feel its proximity to the Carmel coast, blessed climate and spacious lots make it the ideal place to reside. Carmel Valley village offers world class dining, wine tasting, antique shops and art galleries.
PARKS & NATURE
Garland Ranch Regional Park
Carmel Valley Community Park
Palo Corona Regional Park
Arroyo Seco / Los Padres National Forest
EVENTS
Carmel Valley Fiesta
Annual Chili Cook-Off
Kiwanis Hoopla
Ranch Roundup
Party in the Village
RESTAURANTS
Lucia Restaurant and Bar
Cafe Rustica
Jeffrey’s Grill
The Corkscrew Café ROUX
SCHOOLS
Tularcitos Elementary School (public, K-5)
Carmel Middle School (public, 6-8)
Harmony Home School (preschool)
All Saints’ Day School (private, PK– 8)
LOCAL ATTRACTIONS
Bernardus Winery
Folktale Winery
Talbott Vineyards
Joullian Vineyards
Holman Ranch Vineyards
NEARBY ATTRACTIONS
Carmel
PARKS & NATURE
Carmel Beach
Mission Trail Park
Picadilly Park
Devendorf Park
SCHOOLS
Carmel High School
Carmel River Elementary
ENTERTAINMENT & HISTORIC ATTRACTIONS
Sunset Center
Forest Theater
Carmel Mission
NOTABLE RETAIL & RESTAURANTS
Carmel Plaza
Mission Ranch Restaurant
NOTABLE HOTELS
La Playa Hotel
Cypress Inn
Carmel
PRO FORMA
ABOUT TIM ALLEN PROPERTIES TEAM
831.214.1990
tim@timallenproperties.com
Tim Allen was born and raised on the Monterey Peninsula and has an extensive knowledge of the region. Tim attended local schools such as Stevenson High School, raised his three children in the area and owns homes throughout the Peninsula. Beyond his love for family and real estate, Tim’s other passion is the game of lacrosse. A successful collegiate player himself, Tim has become an avid supporter of the game. The teamwork, skills and overall discipline required to play at a high level have translated to his professional career.
For the past two decades, Tim has been arguably the most predominant and successful real estate agent in the region. For 2020, Tim was ranked as the #1 Coldwell Banker agent for the Monterey Peninsula, #1 agent for Silicon Valley/Santa Cruz, #1 Coldwell Banker individual agent in Northern California, #3 Coldwell Banker agent in the U.S., and he is consistently ranked in the top .01% of agents worldwide. There is no other agent in the area who will provide you with the local knowledge and global connections that Tim can offer.
„Tim is without a doubt one of the most talented and respected luxury real estate professionals in the industry,” said Mike James, president of Coldwell Banker Residential Brokerage. „Year after year, he ranks among the top agents - not just on the Monterey Peninsula, but around the world. We’re very fortunate to have him on the Coldwell Banker team.”
MARK LORD
General Manager/REALTOR®
Mark@TimAllenProperties.com
831.241.4409 | DRE#01983258
DAVE REESE REALTOR®
Dave@TimAllenProperties.com
831.272.2172 | DRE#02121762
COOPER KEHOE REALTOR®
Cooper@TimAllenProperties.com 530.591.5761 | DRE#02195696
BONNIE ARCHER
Staging & Aesthetics
Bonnie@TimAllenProperties.com 831.236.2725
KIM DIBENEDETTO REALTOR®/Partner
Kim@TimAllenProperties.com 831.601.9559 | DRE#01278679
BILLY SCHMIDT
Marketing Director/REALTOR®
Billy@TimAllenProperties.com 352.406.0174 | DRE#02101128
BRENNA GARDNER
Transaction Coordinator
Brenna@TimAllenProperties.com 831.622.4625
ALEX BATTAGLIA
Design Lead
Alex@TimAllenProperties.com 831236.0138
LIZ DINI REALTOR®/Partner
Liz@TimAllenProperties.com
831.801.4027 | DRE#01874522
MARIE GRECO
Director of Property Management/REALTOR®
Marie@TimAllenProperties.com 831.915.0431 | DRE#02083234
MEGAN VERA
Executive Assistant
Megan@TimAllenProperties.com 831.595.5797 | DRE#02215823
