1124 Abbott St - Office FOR SALE


Salinas, CA 93901- Greater Salinas
$1,200,000 USD
831-595-1010
1124 Abbott St, Salinas, CA for Sale
$1,200,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

1124 Abbott St
Salinas, CA 93901
Greater Salinas


HIGHLIGHTS

  • Corner location at Abbott Street and Merrill Street with strong visibility and convenient ingress/egress.
  • ±2,881 SF freestanding office building on ±0.61-acre parcel with ample surface parking.
  • Located in a Qualified Opportunity Zone with potential federal tax advantages for eligible investors.
  • Close proximity to Highway 101 and key industrial and agricultural operations in Monterey County.
  • Functional floor plan with private offices, conference space, and open work areas supported by HVAC.
  • Positioned in Salinas’ thriving Agricultural and Industrial Hub, serving as the economic base for the region.

OVERVIEW

1124 Abbott Street presents an exceptional owner-user or investment opportunity in the heart of Salinas’ Agricultural and Industrial Hub. This freestanding office building encompasses approximately 2,881 square feet on a 0.61-acre parcel, offering flexible usability and on-site parking for up to 34 vehicles. Positioned at the corner of Abbott Street and Merrill Street, the property benefits from outstanding visibility and convenient access to Highway 101, connecting the Salinas Valley to South Monterey County and the greater Central Coast region. Constructed with a wood frame and brick exterior, the property features a functional floor plan supported by forced air and HVAC systems. The location places owner-occupants or investors at the center of Monterey County’s agricultural economy while remaining minutes from key commercial and industrial employers. This asset is situated within a federal Qualified Opportunity Zone, providing potential tax benefits and redevelopment advantages for eligible investors. Salinas is a strategic hub for business on California’s Central Coast, positioned just an hour from Silicon Valley and offering regional access to major transportation corridors. Combining a strong local employment base with infrastructure that serves both agricultural and manufacturing industries, this property delivers enduring value to buyers seeking operational efficiency or future appreciation potential.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,335 SF

ZONING

-

APN/PARCEL ID

002-881-037-000

ASK ABOUT THIS PROPERTY

Michael SchoederCushman & WakefieldMore Info
831-595-1010

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Michael SchoederCushman & WakefieldMore Info
831-595-1010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.