Art Gallery Row  •  $195,000

Location: Carmel
Seller: Michael Russell
Phone: 831-625-5581

Business Summary
Location! Location! Location! Offering An Eclectic Selection Of Paintings And Sculptures, On World Renown “Art Gallery Row” In Downtown Carmel By The Sea, Next To Clint Eastwood’s Infamous Building That Houses The “Hogs Breath Inn” Restaurant. This Is The Location Everyone Comes To See So Great Foot Traffic! Currently Operated By An Owner Of Three Galleries With The First One Opening In 1959, Very Experienced, And Great Unique Opportunity To Learn From Owner During Your Training Period (More Hidden Value). They Have Occupied This Location For About 7 Years. Clients Are World Wide And From Some Of The “Highest End” Decorator Magazines.

Features Include Three Viewing Rooms, One Adjoining To A Patio, A Total Of 4000 Square Feet, And Probably The Second Most Traveled Street In Downtown Carmel, As Everyone Comes To See A Glimpse Of Clint In His Building. Great Landlord And Did I Say Great Location! Owner Hates To Sell, But The Other Two Galleries Are Keeping Him Too Busy To Show This One Justice.

Selling Rare Multi-Use Art Gallery Permit, Lease, Lease Extension, And All Improvements For Only 125,000.

Gallery: 2700 + 1400 Square Feet

Lease: 3 Years With Two 5 Year Options.

Hours: Sun – Thurs. 10 AM To 6 PM Fri. Sat. Sun. 10 AM To 7 Pm

Note: Multi-Use Art Gallery Permits Are Rare, And All Are Grandfathered In, There Can Be No More In Carmel By The Sea. Once They Are Converted To Something Else, They Can Not Go Back; This Is Such A Rare Opportunity! Currently Only 32 In Carmel.