Rarely available investment/exchange opportunity is located smack dab in the middle of the increasingly popular Carmel Valley Village.  Close to local wineries, restaurants, and shopping, this 4000 square feet parcel features 8200 square feet of rentable space including three retail stores on the main level but has been combined in the past to create two larger retail spaces.  The upper level is currently rented out as multiple office suites with a common area but is ideal for an owner user or investor to determine how best to use it as these spaces are all rented month to month. This property is part of the Carmel Valley Village Center, so parking is on a shared parking parcel, see title report for details. The value and CAP rate of just over 4% is based on the projected market rents as the existing rents are below market and the income can be increased. This property is being offered for the first time in 20 years and is an excellent investment or exchange opportunity.