318 Cayuga Street, Salinas, CA 93901
List Price: $5.4M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1979
Lot Size: 11,700 sq ft
Annual Property Tax: $70,200
MLS Number: ML82060826
About This Property
318 Cayuga St presents the opportunity to acquire a fully leased multi-tenant office investment in Salinas, California.The two-story office building contains apx 20,212 SF and is situated on apx 11,700 SF parcel zoned Commercial Office (CO).Currently occupied by multiple office users, providing in-place tenancy and immediate income generation.Features include a reinforced concrete foundation, structural steel frame construction, painted wood-sided exterior walls, suspended acoustical tile ceilings, passenger elevator, multiple HVAC zones, fire/smoke alarm systems, covered parking, and a recently installed solar system.Salinas serves as the county seat and regional business hub for the Central Coast, supporting a diverse economy that includes agriculture, healthcare, government services, and manufacturing.Nearby employers include Salinas Valley Memorial Hospital, County offices, and numerous private-sector businesses that contribute to sustained office demand. The offering combines stabilized occupancy, existing cash flow, and a location within an established office market.With a reported market vacancy below 2% at the time of marketing, the asset provides an opportunity to acquire an income-producing property in one of Monterey County's primary employment and business centers.
Listing provided by: Monterey Peninsul... DRE #70000352 (831) 622-6200 mark.bruno@mphtre.com, KW Coastal Estates
Source: CRMLS, MLS #: ML82060826