318 Cayuga Street, Salinas, CA 93901
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318 Cayuga Street, Salinas, CA 93901
318 Cayuga Street, Salinas, CA 93901
318 Cayuga Street, Salinas, CA 93901
318 Cayuga Street, Salinas, CA 93901
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Listed by KW Coastal Estates • 831-622-6200
$ 5,400,000
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318 Cayuga Street Salinas, CA 93901

21,686 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 21,686 sqft

Price per Sqft $249

MLS Listing ID ML82060826

HOA Y/N No

Year Built 1979

Lot Size 0.269 Acres

Property Sub-Type Comm Ind For Sale

Source Datashare MLSListings

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

Interior

Fireplace No


Bay East Association of Realtors

Nearby School & Business

Theresa Solon

Theresa Solon

REALTOR CA DRE# 01436657

+1(707) 334-9186

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