14 Front ST 16, Salinas, CA 93901
- $1,500,000
- List Price
- $1,500,000
- Price Change
- ▼ $150,000 1783550471
- MLS#
- ML82028801
- Status
- ACTIVE
- Property Type
- com
- Lot Size
- 11,406
- Listing Area
- Industrial
- Year Built
- 1952
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.
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Additional Information
- Acres
- 0.26
- Age
- 73
- Cooling System
- None
- Foundation
- Concrete Slab
- Garage Parking
- Parking Area
- Heating System
- No Heating
- Lot Size
- 11,406
- Neighborhood
- Industrial
- Other Utilities
- Public Utilities
- Present Use
- Automotive, Industrial - Light
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- MAF
Mortgage Calculator
Listing courtesy of Stephen Hernandez from Steinbeck Realty, Inc.. 831-595-7494
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