Quite a few commercial properties have changed hands recently here in Carmel-by-the-Sea including the Eastwood Building and the Hog's Breath restaurant, formerly owned by Clint Eastwood. Located on San Carlos Street between 5th & 6th Avenues, both are going through renovations right now. Eastwood, a former mayor of Carmel-by-the-Sea (1986-88), still owns the building immediately to the south which houses my friend Mary Titus' art gallery.
Usually these buildings are sold without much fanfare, but sometimes the new owners want to renovate which is a problem for current tenants who might only have a month-to-month lease. After renovations, leases usually go up in price. Although there are still empty retail spaces in town, these are being snapped up by vineyards who are opening up tasting rooms all over Carmel-by-the-Sea. In fact, an application is in for one across the street from the Eastwood Building, next to the Elite Gallery. New restaurants are also flourishing, many of them with wine bars. In fact, another restaurant application has been submitted for the corner of San Carlos and 6th. Looks like the two blocks north of Ocean Avenue on San Carlos are the happening place right now.
To get the latest information, I like to attend the monthly City Planning Department meeting where these applications are discussed.
If you are interested in purchasing or leasing commercial property in Carmel-by-the-Sea, please give me a call. I have many connections in the business community, both owners and merchants.
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