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Listed by Stephen Hernandez • Steinbeck Realty, Inc., DRE#01882399
$ 1,500,000
Est. payment /mo
Price Dropped by $150K
14 Front ST 16 Salinas, CA 93901
6,630 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 6,630 sqft
Price per Sqft $226
MLS Listing ID ML82028801
Year Built 1952
Lot Size 0.262 Acres
Property Sub-Type Commercial Property
Property Description
Huge $150k price reduction, motivated sellers. Great opportunity to own 2 buildings, parking lot, and Billboard that is centrally located and close to highway 101 freeway access. There are many possibilities such as, lease out both buildings and parking lot, possibly an owner/user in one building and lease the other building/parking lot, and/or owner/user occupying both buildings and/or parking lot. Billboard lease is currently on a year to year basis with owner having option of terminating lease with 90 day notice. This property offers a variety of investment opportunities. 14 Front St. Salinas,CA. 93901 property consists of 2 buildings and attached parking lot, & billboard. Building access is off of C o m m i s s i o n St. 227 & 229 C o m m i s s i o n St. 227 Currently leased at $1,750 per month with rent increase to $3,500 beginning 8-1-26. 229 is currently vacant.
Location
State CA
County Monterey
Area Industrial
Zoning MAF
Interior
Heating No Heating
Cooling None
Exterior
Parking Features Parking Area
Garage Spaces 20.0
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Present Use Automotive,Industrial - Light
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 003-114-014-000
Security Features None
Special Listing Condition Not Applicable
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