Pacific Grove, CA Commercial Real Estate for Lease and Sale

Explore 15 listings of Pacific Grove commercial real estate to find the best space for your business.

Forest Hill Plaza Shopping Center

1219 Forest Ave, Pacific Grove, CA
Property

Retail

12,499 SF
Availability Contact for availability

For Lease Contact for pricing
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650 Lighthouse Ave.

650 Lighthouse Ave, Pacific Grove, CA
Property

Office

9,583 SF
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OFFICE SPACE FOR LEASE

1200 Piedmont Ave, Pacific Grove, CA
Property

Office
Availability

1 Space

2,789 SF
Year Built

1989
For Lease

$1.65/SF/MO
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100 Country Club Gate Center

100 Country Club Gate Center, Pacific Grove, CA
Property

Office
Availability Contact for availability

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601 Lighthouse Ave

601 Lighthouse Ave, Pacific Grove, CA
Property

Retail

6,000 SF
Availability

1 Space

6,000 SF
Year Built

1960
For Lease

$2.65/SF/MO
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585 Cannery Row

585 Cannery Row, New Monterey, Monterey, CA
Property

Retail

18,566 SF
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414 Alvarado Street

414 Alvarado Street, Franklin, Monterey, CA
Property

Retail

3,126 SF
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Monterey Professional Center & Cass Street Medical Plaza

700 Cass Street, Franklin, Monterey, CA
Property

Office

30,749 SF
Availability

5 Spaces

3,231 SF
Year Built

1952
For Lease

$24.00 - $68.25/SF/YR
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533 Hartnell St

533 Hartnell St, Franklin, Monterey, CA
Property

Office

8,496 SF
Year Built

1952
For Sale

$2,999,000
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665 Munras Avenue

665 Munras Avenue, Franklin, Monterey, CA
Property

Office

27,000 SF
Availability

2 Spaces

3,751 SF
Year Built

2001
For Lease

$2.25/SF/MO
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665 Munras Ave

665 Munras Ave, Franklin, Monterey, CA
Property

Office

20,269 SF
Availability Contact for availability

For Lease Contact for pricing
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The Five Corners Building

851 Munras Ave, Franklin, Monterey, CA
Property

Retail

9,750 SF
Availability Contact for availability

For Lease Contact for pricing
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2024 Fremont Blvd.

2040 Fremont Blvd, Ord Grove, Seaside, CA
Property

Retail

26,984 SF
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Garden Road Professional Center

2511 Garden Road, Casanova Oak Knoll, Monterey, CA
Property

Office

174,890 SF
Availability

5 Spaces

21,671 SF
Year Built

1985
For Lease

$1.95/SF/MO
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2555 Garden Road

2555 Garden Road, Casanova Oak Knoll, Monterey, CA
Property

Office

2,145 SF
Availability Contact for availability
Year Built

1961
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Pacific Grove commercial real estate market incorporates 9,583 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Pacific Grove commercial real estate market includes 18,499 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Pacific Grove incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Pacific Grove is represented by Retail space, which accounts for 6,000 square feet of available listings. Office space available in Pacific Grove adds up to 2,789 square feet.

Meanwhile, most of the listings of commercial property for sale in Pacific Grove are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Pacific Grove, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $31.8 per square foot.

The average size of a commercial property in Pacific Grove depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Pacific Grove, the average size of an office property is 4,792 square feet.
Retail properties here incorporate an average of 9,250 square feet.

Pacific Grove, CA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Pacific Grove currently add up to 8,789 square feet. The market offers 3 active office listing(s), which amount to 2,789 square feet and account for 60% of commercial spaces on the market. Local retail availability includes 6,000 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	3	2,789
Retail	2	6,000

Pacific Grove, CA Commercial Real Estate for Lease and Sale

Forest Hill Plaza Shopping Center

650 Lighthouse Ave.

OFFICE SPACE FOR LEASE

100 Country Club Gate Center

601 Lighthouse Ave

585 Cannery Row

414 Alvarado Street

Monterey Professional Center & Cass Street Medical Plaza

533 Hartnell St

665 Munras Avenue

665 Munras Ave

The Five Corners Building

2024 Fremont Blvd.

Garden Road Professional Center

2555 Garden Road

Frequently Asked Questions

Pacific Grove, CA Currently Available Listings

Commercial Space for Lease Breakdown

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Pacific Grove, CA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Pacific Grove, CA?

What factors affect the price of commercial real estate in Pacific Grove, CA?

What are the best areas for commercial real estate in Pacific Grove, CA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Pacific Grove, CA?

Pacific Grove, CA Currently Available Listings

Commercial Space for Lease Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us