14 Front ST 16, Salinas, CA 93901

$1,500,000

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Listed by Stephen Hernandez, 831-595-7494 from Steinbeck Realty, Inc.
(If provided) CoList: from

List Price
$1,500,000
Price Change
▼ $150,000 1783550396
MLS#
ML82028801
Status
ACTIVE
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.

Additional Information

Acres
0.26
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
Unincorporated Yn
Yes
Zoning
MAF

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