Mohr Real Estate Group

Mohr Real Estate Group

498 Fremont ST Monterey CA 93940 MLS #ML82041466

498 Fremont ST
Monterey, CA, 93940
$11,490,000
Beds
0 Baths
0 SqFt
1.76 Acres
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$11,490,000
498 Fremont ST
Monterey, CA, 93940
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Property Description


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.

Property Details

Price:
$11,490,000
MLS #:
ML82041466
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Apr 3, 2026
Total Sq Ft:
40,720
Lot Size:
76,540 sqft / 1.76 acres (approx)
Year Built:
1945
699 – Not Defined699notdefined

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498 Fremont ST
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