CHINA ARTS CENTER OFFERING MEMORANDUM An Iconic Redevelopment Opportunity DOLORES 2 NW OF 7TH, CARMEL, CALIFORNIA
CONFIDENTIALITY, TERMS & CONDITIONS The information contained herein is strictly confidential, furnished solely for the purpose of considering the purchase described herein and is not to be used for any other purpose or made available to any other person without the expressed written consent of Tim Allen Properties Team (herein after “Broker”). It has been obtained f rom sources believed to be reliable, but no representation is being made with regard to its accuracy or completeness. Prospective buyers
should undertake their own investigations and reach their own conclusions
without reliance upon the material contained herein. Neither the Seller nor Broker, nor any of their officers, agents or principals makes any representations or warranties, expressed or implied, as to the accuracy or completeness of the Offering Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of the Offering Memorandum or its contents. Verification of the information contained in the Offering Memorandum is solely the responsibility of the prospective purchaser. Seller and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest and/or terminate discussions with any entity at any time with or without notice. The Seller shall have no legal commitment or obligations to any entity reviewing the Offering Memorandum or making an offer to purchase unless and until such offer is approved by the Seller, and any conditions to the Buyer’s obligations there under have been satisfied or waived.
CONTENTS The Property Overview Property Details Investment Highlights Floor Plan Parcel Map Interior Photos Conceptual Renderings Floor Area Diagram Location Map Nearby Attractions Carmel Nearby Cities About Tim Allen Properties Team
THE PROPERTY CARMELLANDMARK.COM $5,750,000
An extraordinary opportunity to reimagine an iconic commercial property in the heart of Carmel-by-the-Sea. Located on Dolores Street just six buildings southwest of Ocean Avenue, the former China Arts Center offers a remarkable setting for a music venue and recording studio, private club, art gallery, luxury showroom, creative headquarters, or other distinctive destination. Conceptual renderings illustrate the range of possibilities for the property and the scale of what could be created. Significant groundwork has already been completed, including comprehensive interior demolition, architectural planning, substantial permitting work, and a major PG&E electrical service upgrade currently underway. Planning-approved plans contemplate approximately 1,172 square feet of reinstated second-floor space, along with a proposed outdoor terrace, and a rooftop deck with elevator access. Currently vacant and ready for redevelopment, this is a rare opportunity to bring a bold new vision to one of Carmel’s most prominent downtown locations, subject to applicable approvals.
5,886 SQFT
4
3,838 SQFT LOT
BUILT 1930
PROPERTY DETAILS
• Property/Listing Name: China Arts Building (Former China Arts Center) • Property Address: 6 SW of Ocean Ave on Dolores Street, Carmel-by-the-Sea, CA 93921 • County: Monterey • APN / Parcel Number(s): 010-147-006 • Sale Type: Investment or Owner/User • Property Type: Retail; Office; Hospitality • Property Subtype: Commercial • Asking Price: $5,750,000 • Square Footage: 5,886 SqFt • Lot Size: 3,838 SqFt • Zoning: Central Commercial (CC)
INVESTMENT HIGHLIGHTS
• Premier downtown Carmel-by-the-Sea location, six buildings southwest of Ocean Ave • 5,886 SF commercial property on a 3,838 SF lot • Historic 1930 property formerly home to the China Arts Center • Vacant redevelopment opportunity for an owner-user, investor, or developer • Comprehensive interior demolition and substantial architectural and permitting work completed • Planning-approved renovation concept with approximately 1,172 SF of reinstated second-floor space • Proposed rooftop deck, outdoor terrace, and elevator access • Major PG&E electrical service upgrade underway • Flexible potential for gallery, showroom, private club, creative office, boutique hospitality, or other experiential commercial use, subject to approvals
Dolores 2NW 7th Avenue Carmel, CA 93921 FLOOR PLAN
Attic Open
Rooftop Deck
Open to Below
Basement
Main Level
Entry
Main Level - 3736sfMain Level - 3,736 sf Attic - 179 sf Attic - 179sf Basement - 650 sf Basement - 650sf 8
PARCEL MAP
INTERIOR
10
11
CONCEPTUAL RENDERINGS
OFFICE SPACE
LUXURY SOCIAL CLUB
ART GALLERY
RECORDING SPACE
13
CONCEPTUAL RENDERING - ROOFTOP
14
15
FLOOR AREA DIAGRAM
EXISTING BUILDING AREA Level
Area
BASEMENT LEVEL 1 LEVEL 2 (E) MAIN ROOF LEVEL Grand total: 4
1843 SF
1843 SF 3794 SF 929 SF 338 SF 6904 SF
PROPOSED BLDG. AREA Name
Area
BASEMENT PROPOSED LEVEL 1 LEVEL 2 Grand total
1457 SF 3794 SF 1653 SF 6904 SF
UP
UP
STAIR / ELEVATOR AREA
AREA < 5'-0" HEIGHT
1
5
BASEMENT (E) 1/8" = 1'-0"
B
1
BONUS BASEMENT AREA FOR STOR. / MECH.
3794 SF
338 SF CONVERTED TO OUTDOOR SPACE - OPEN TO ROOF
DN
UP
UP DN
2
Level 1 (E)
6
1/8" = 1'-0"
8
T.O. MAIN ROOF (P) 1/8" = 1'-0"
(E) ROOF
929 SF
DN
338 SF DN
3
16
LEVEL 2 (E) 1/8" = 1'-0"
4
T.O. MAIN ROOF (E) 1/8" = 1'-0"
Le
1/8
119 SF
G BUILDING AREA Area 1843 SF 3794 SF 929 SF 338 SF 6904 SF
ARCHITECTURE + PLANNING
178 SF
3771 Rio Road - Suite 101A Carmel CA 93923 (PH) 206.427.3539 lxdesignstudio.com 1457 SF
813 SF
I
P AT
S
LI C E R
Area
NO. C28415
A ST
1457 SF 3794 SF 1653 SF 6904 SF
TE
REA < 5'-0" HEIGHT
5
EXP. 05/27
O F CALIFOR
SHEET ISSUE
89 SF
AIR / ELEVATOR AREA
T EC T E R
ED ARC NSC K L e M AHIT
DN
NI A
OSED BLDG. AREA
BASEMENT - AREA PLAN 1/8" = 1'-0"
CITY CORRECTIONS 4-29-24
3794 SF
REVISION #
ONUS BASEMENT AREA OR STOR. / MECH.
OWNER:
DOLORES & 7TH LLC
1/8" = 1'-0"
N ROOF (P)
202 SF
1653 SF
6 SW OF OCEAN ON DOLORES CARMEL-BY-THE-SEA
Level 1 (P)
THE CONSERVATORY
6
2
#
F CONVERTED TO OOR SPACE - OPEN OOF
338 SF
ROOF (E)
PHASE 1
7
LEVEL 2 (P) 1/8" = 1'-0"
Scale:
1/8" = 1'-0" 2210
Job:
Sheet
FLOOR AREA DIAGRAM
G8.00 4/17/2026 9:51:14 AM
LOCATION
San Francisco
San Jose
Santa Cruz
Pacific Grove Carmel Monterey
Relation to San Francisco ~2 Hour Drive
Pebble Beach Carmel
Carmel Valley
Big Sur
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Notable Retail & Restaurants
NEARBY ATTRACTIONS
1. Carmel Beach 2. Mission Trail Park 3. Picadilly Park 4. Devendorf Park
7. Carmel Plaza 8. Aubergine 9. La Bicyclette 10. Little Napoli 11. Nora’s Carmel 12. Seventh & Dolores
Entertainment
Notable Hotels
5. Sunset Center 6. Forest Theater
13. Cypress Inn 14. La Playa Hotel
Parks & Nature
4 3 8
13
9
7
10 11 12
6 14 1 5
2
CARMEL-BY-THE-SEA
Carmel is a village known for its timeless appeal with quaint cottages, unique shops, delightful cafes and unparalleled scenery. It has continued to please generations of visitors and residents alike and is touted world-wide as an ideal place to live. Founded in 1902, Carmel is known for its picturesque scenery and rich artistic history, and is a place where you can enjoy both Carmel Beach and Carmel River State Beach. A town once dominated by writers, poets and actors, Carmel-by-the-Sea retains a whimsical charm unlike anywhere else while offering some of the most unique luxury real estate on the coast. This village is a great location with easy access to Monterey Airport for public and private air travel, and just a 10-15-minute drive to Pebble Beach, Pacific Grove, Monterey and Carmel Valley.
PA R K S & N AT U R E
SCHOOLS
Carmel River State Beach Devendorf Park Picadilly Park Forest Hills Park Palo Corona Regional Park
Carmel River Elementary (public K-5) Carmel Middle School (public 6-8) Carmel High School (public 9-12) Stevenson School (private PK-8) All Saints Day School (private PK-8)
EVENTS
L O C A L AT T R A C T I O N S
Carmel Art Festival Carmel Bach Festival Annual Taste of Carmel Carmel Culinary Week Carmel House & Garden Tour
Carmel Mission Basilica Carmel Beach Point Lobos Downtown Carmel – Ocean Avenue Robinson Jeffers Tor House
R E S TA U R A N T S
ACCOLADES
Aubergine *Awarded a Michelin star Grasings
La Bicyclette Seventh & Dolores Dametra
Named #2 of The 10 Best Small Cities in America by HuffPost
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PEBBLE BEACH
OV E R V I E W Pebble Beach’s six thousand plus acres have inspired generations of Monterey Peninsula visitors. Today’s Pebble Beach was the vision of the ‘’Big Four’’ railroad barons, Huntington, Stanford, Hopkins and Crocker, and implemented by Samuel FB Morse, who developed it in to the world-class destination, golf mecca and internationally renowned real estate development we know today. It is indeed a world-class treasure. PA R K S & N AT U R E
SCHOOLS
Lone Cypress Stillwater Cove Cypress Point Lookout Seal Rock
Carmel River Elementary (public K-5) Carmel Middle School (public 6-8) Carmel High School (public 9-12) Stevenson School (private PK-12)
EVENTS
L O C A L AT T R A C T I O N S
AT&T Pebble Beach National Pro-Am Pebble Beach Concours d’Elegance Pebble Beach Food & Wine Festival Concorso Italiano US Open Golf Championship
17 Mile Drive Lone Cypress Pebble Beach Golf Links Spyglass Hill Golf Course Poppy Hills Golf Course
R E S TA U R A N T S
ACCOLADES
The Bench Roy’s at Pebble Beach Stillwater Bar & Grille
Porter’s in the Forest Peppoli at Pebble Beach
Named America’s Top Golf Resort by Forbes
MONTEREY
OV E R V I E W The city of Monterey, founded in 1770, was the capital of Alta California under both Spain (1804 to 1821) and Mexico (1822 to 1836). Monterey County was one of the original counties of California. Until the 1950s, Monterey was an abundant fishery. Monterey’s present-day attractions include the Monterey Bay Aquarium, Cannery Row, Fisherman’s Wharf, California Roots Music and Arts Festival, and the annual Monterey Jazz Festival. PA R K S & N AT U R E
SCHOOLS
Jacks Peak County Park Monterey Veterans Memorial Park San Carlos Beach Park El Estero Park Del Monte Beach
Monte Vista Elementary School (public) La Mesa Elementary School (public) Walter Colton Middle School (public) Monterey High School (public) San Carlos Elementary (private)
EVENTS
L O C A L AT T R A C T I O N S
Monterey Jazz Festival Monterey Car Week Red Bull U.S. Grand Prix and Moto GP World Championship California Roots Music and Arts Festival
Monterey Bay Aquarium Cannery Row Fisherman’s Wharf Monterey Museum of Art Whale Watching
R E S TA U R A N T S Chart House Schooners Coastal Kitchen and Bar
Monterey Fish House Montrio Bistro Rosine’s 23
PACIFIC GROVE
OV E R V I E W From smallish bayside lots with quaint summer cottages surrounding a thriving traditional downtown shopping district to substantial sized oceanfront estates, Pacific Grove is rightfully proud to boast it is “America’s Last Hometown”. Pacific Grove citizens and visitors enjoy many nearby amenities including a world-class bayside trail, a top rated municipal ocean-side golf course, great local schools, and a town where most every attraction and need is a stroll away. PA R K S & N AT U R E
SCHOOLS
Asilomar State Beach Lover’s Point Park Monarch Butterfly Sanctuary Caledonia Park
Monte Vista Elementary School (public) Forest Grove Elementary School (public) Robert Dawn Elementary School (public) Pacific Grove Middle School (public) Pacific Grove High School (public)
George Washington Park Coastal Recreation Trail
EVENTS
L O C A L AT T R A C T I O N S
Good Old Days Celebration Concours Auto Rally Butterfly Days
Point Pinos Lighthouse Monarch Grove Sanctuary Butterfly House Pacific Grove Museum of Natural History
R E S TA U R A N T S
ACCOLADES
Passionfish Il Vecchio Fandango
Red House Café La Mia Cucina First Awakenings
Nicknamed “America’s Last Hometown” and referred to as “Butterfly Town USA”
BIG SUR
OV E R V I E W Big Sur lies just south of the Monterey Peninsula. A land of majestic peaks and serene canyons, magnificent coastline and natural beauty, where rustic inns and world-renowned cuisine meet luxurious, eclectic living and a lifestyle both refined and artistic. This 90-mile stretch of wonder along Highway One, between Carmel and San Simeon, has a cultural imprint that spans generations of influential figures. PA R K S & N AT U R E
SCHOOLS
McWay Falls Julia Pfeiffer Burns State Park Pfeiffer Beach Garrapata State Park Limekiln State Park Andrew Molera State Park
Captain Cooper Elementary (public K-5) Carmel Middle School (public 6-8) Carmel High School (public 9-12)
EVENTS
L O C A L AT T R A C T I O N S
Big Sur International Marathon Big Sur River Run Big Sur Food & Wine Festival Big Sur Jade Festival
Bixby Creek Bridge Point Sur Lighthouse Henry Miller Memorial Library Esalen Institute
R E S TA U R A N T S Nepenthe Sierra Mar Big Sur River Inn
The Sur House Deetjen’s Big Sur Inn Restaurant 25
CARMEL VALLEY
OV E R V I E W Historically the local “bread basket” of the Monterey Peninsula it was also the playground for early California’s version of the “Rich and Famous”. The valley has perhaps the finest soil, climate and livability in the world. Many feel its proximity to the Carmel coast, blessed climate and spacious lots make it the ideal place to reside. Carmel Valley village offers world class dining, wine tasting, antique shops and art galleries. PA R K S & N AT U R E
SCHOOLS
Garland Ranch Regional Park Carmel Valley Community Park Palo Corona Regional Park Arroyo Seco / Los Padres National Forest
Tularcitos Elementary School (public, K-5) Carmel Middle School (public, 6-8) Harmony Home School (preschool) All Saints’ Day School (private, PK– 8)
EVENTS
L O C A L AT T R A C T I O N S
Carmel Valley Fiesta Annual Chili Cook-Off Kiwanis Hoopla Ranch Roundup Party in the Village
Bernardus Winery Folktale Winery Talbott Vineyards Joullian Vineyards Holman Ranch Vineyards
R E S TA U R A N T S Lucia Restaurant and Bar Cafe Rustica
Jeffrey’s Grill The Corkscrew Café Mika Sushi
TIM ALLEN PROPERTIES TEAM
TIM ALLEN 831.214.1990 | Tim@TimAllenProperties.com | DRE#00891159 Tim Allen was born and raised on the Monterey Peninsula and has an extensive knowledge of the region. Tim attended local schools such as Stevenson High School, raised his three children in the area and owns homes throughout the Peninsula. Beyond his love for family and real estate, Tim’s other passion is the game of lacrosse. A successful collegiate player himself, Tim has become an avid supporter of the game. The teamwork, skills and overall discipline required to play at a high level have translated to his professional career. For the past two decades, Tim has been arguably the most predominant and successful real estate agent in the region. For 2021, Tim was ranked as the #1 Coldwell Banker agent in the U.S., and he is consistently ranked in the top .01% of agents worldwide. There is no other agent in the area who will provide you with the local knowledge and global connections that Tim can offer. "Tim is without a doubt one of the most talented and respected luxury real estate professionals in the industry,” said Mike James, president of Coldwell Banker Residential Brokerage. „Year after year, he ranks among the top agents - not just on the Monterey Peninsula, but around the world. We’re very fortunate to have him on the Coldwell Banker team."
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VISIT CARMELLANDMARK.COM
CONTACT US TIM ALLEN PROPERTIES TEAM Team@TimAllenProperties.com 831.214.1990 Junipero 2 SW OF 5th, Carmel, CA 93921 DRE #00891159