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Tamsin Enos, DRE#02152651, REALTOR®
(805) 234-1337

498 Fremont Street, Monterey, CA 93940

$11,490,000
  • 498 Fremont Street, Monterey, CA 93940 Main Photo

21 Total Photos [Click to View All]

New to the Market Active
MLS#ML82041466
STATUSActive PROPERTY TYPECommercial - Business

Listing Courtesy of: Baird Partnership, Inc.
Agency Phone: 831-646-1919
Associate Name: Peter Baird
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Tamsin Enos, DRE#02152651, REALTOR®


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.

498 Fremont Street | MLS# ML82041466

This commercial property located at 498 Fremont Street, Monterey, CA 93940 is currently listed for sale with an asking price of $11,490,000. Search Monterey real estate on tamsinenos.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 1.76 Acres
Roof Type: Other
Taxes: $0
Year Built: 1945

Feature Descriptions

Days on Site: 3
Parcel#: 001731015000
Utilities: Other
Water: Other

Listed By / Shown By

Listed By

Agency Name: Baird Partnership, Inc.
Agency Phone: 831-646-1919
Agent Name: Peter Baird

agent picture

Shown By

Agent Name: Tamsin Enos, DRE#02152651, REALTOR®
Agent Phone: (805) 234-1337
Agency Title: Farrell Smyth, Inc.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 4:35:15 AM EST) or CRMLS (last updated Mon 04/06/2026 12:27:22 AM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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