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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Monterey Peninsula Home Team • KW Coastal Estates, DRE#70000352

$ 5,400,000

Est. payment | -/mo

21,686 SqFt

Save

$ 5,400,000

Est. payment | -/mo

Save

21,686 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 21,686 sqft

Price per Sqft $249

MLS Listing ID ML82060826

Year Built 1979

Lot Size 0.269 Acres

Property Sub-Type Commercial Property

Property Description

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.

Location

State CA

County Monterey

Area Mission Park

Zoning CO/R

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Carpet, Laminate

Exterior

Parking Features Covered Parking, Off-Street Parking, On Street, Parking Area

Garage Spaces 12.0

Utilities Available Public Utilities

Roof Type Tar and Gravel

Present Use Business/Professional,Office

Building

Story 3

Foundation Concrete Slab

Sewer Sewer - Public

Water Private / Mutual

Level or Stories 3

Others

Restrictions None

Tax ID 002-322-016-000

Security Features Other

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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318 Cayuga ST Salinas, CA 93901