Homes for sale - 557 Brunken AVE, Salinas, CA 93901

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Joe Piini • Piini Realty

$7,400,000

Est. payment - /mo

41,070 SqFt

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Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 41,070 sqft

Price per Sqft $180

MLS Listing ID ML81991598

Originating Board MLSListings, Inc.

Year Built 1972

Lot Size 2.090 Acres

Property Sub-Type Commercial Property

Property Description

557 & 561 Brunken is a large multi-tenant industrial building consisting of approximately 41,070 square feet of industrial/warehouse space on a 2.09 acre lot in the heart of Salinas' industrial district. Zoned Industrial-General (IG) and currently divided into 18 suites occupied by 13 tenants, this property is primed for value-add strategies to maximize net operating income and increase market value for years to come. Units range from 1,000 to 8,325 square feet with a mix of tenant uses. All tenants are currently paying below market rents under lease agreements that expire at the end of March 2025. These types of large industrial properties rarely hit the open market and provide an opportunity that should not be missed.

Location

State CA

County Monterey

Area Industrial

Zoning IG

Interior

Heating Gas

Cooling None

Exterior

Parking Features Common Parking Area, Parking Area

Garage Spaces 70.0

Utilities Available Public Utilities

Roof Type Metal

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Others

Tax ID 002-491-024

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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557 Brunken AVE Salinas, CA 93901

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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