227 Commission St - Showroom FOR SALE


Salinas, CA 93901- Greater Salinas
$1,500,000 USD
831-595-7494
227 Commission St, Salinas, CA for Sale
$1,500,000 USD
Showroom - FOR SALE
1/38
null | Request Cap Rate

227 Commission St
Salinas, CA 93901
Greater Salinas


HIGHLIGHTS

  • Nearest Major Intersection traffic count 28,853+ vehicles per day
  • Great Owner User Opportunity
  • Parking Lot/Yard
  • Billboard Signage Advertising leased to Outfront Media on year to year term
  • One unit vacant

OVERVIEW

Huge $150k price reduction, motivated Sellers. Great opportunity to own 2 separate buildings, attached parking lot, and media billboard. Centrally located and close to highway 101 freeway access. Mixed Arterial Frontage zoning. Many possibilities for the property such as owner/user, investment income tenants only, and/or mix of owner/user and investment income. Lots of potential for up and coming small/medium-size business. Building access is off of Commission St. Building on left with attached parking lot is known as 227 Commission St. Currently leased on month to month as Auto Repair Shop. Rent $3,500. Unit on right is known as 229 Commission St. and is vacant.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2 commercial buildings plus parking lot

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Auto Repair, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

UTILITIES

Lighting, Gas, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.26

LAND SF

11,406

ZONING

MAF

APN/PARCEL ID

003-114-014-000

ASK ABOUT THIS PROPERTY

Stephen HernandezSteinbeck Realty, Inc.More Info
831-595-7494

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

Stephen HernandezSteinbeck Realty, Inc.More Info
831-595-7494

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