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
$11,490,000
498 Fremont ST
Monterey, CA, 93940
MLS #ML82041466 image #0
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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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Commercial in Monterey as of Apr 11, 2026
10
Commercial Listed
106
Avg DOM
$3,471,500
Avg List Price

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Property Summary

    498 Fremont ST Monterey CA is a Commercial for sale in Monterey, CA, 93940. It is listed for $11,490,000 To schedule a showing of MLS#ml82041466 at 498 Fremont ST in Monterey, CA, contact your James Outland agent at 8057482262.
498 Fremont ST
Monterey, CA
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