1200 W Market Circle, Salinas, CA 93901
List Price: $2M
Listing Status: Active
Original List Price: $2.3M
0Days on Market: 27
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1914
Lot Size: 5,853 sq ft
Annual Property Tax: $24,494
MLS Number: ML82046180
About This Property
Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.
Listing provided by: The C Group DRE #70010221 (619) 663-8680 team@realcgroup.com, Real Brokerage Technologies
Source: CRMLS, MLS #: ML82046180
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.