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Active · MLS #ML82041466

498 Fremont ST

Monterey, CA 93940

$11,490,000
Message Anton
—Bedrooms
—Bathrooms
—Square feet
1945Year built

About this home

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 type
Commercial Property
Lot size
76,540 sq ft
Status
Active

Listed by Peter Baird, Baird Partnership, Inc.. Source: MLSL. MLS #ML82041466.

Updated 10/16/2026, 7:42:41 PM PT.

MLSListings Inc. reserves the right to change details in this publication without notice. Although every precaution has been taken in the preparation of this document, MLSListings assumes no responsibility for errors or omissions. The publication and features described in this document are subject to change without notice.