CA > Salinas
Salinas, CA 93901,557 Brunken AVE
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Salinas, CA 93901,557 Brunken AVE
Salinas, CA 93901,557 Brunken AVE
Salinas, CA 93901,557 Brunken AVE
Salinas, CA 93901,557 Brunken AVE
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Alan Canas

Alan Canas

+1(415) 298-8940
Listed by Joe Piini • Piini Realty
$ 7,400,000
Est. payment /mo
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Active

557 Brunken AVE Salinas, CA 93901

41,070 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 41,070 sqft

Price per Sqft $180

MLS Listing ID ML81991598

Year Built 1972

Lot Size 2.090 Acres

Property Sub-Type Warehouse

Property Description

557 & 561 Brunken is a large multi-tenant industrial building consisting of approximately 41,070 square feet of industrial/warehouse space on a 2.09 acre lot in the heart of Salinas' industrial district. Zoned Industrial-General (IG) and currently divided into 18 suites occupied by 13 tenants, this property is primed for value-add strategies to maximize net operating income and increase market value for years to come. Units range from 1,000 to 8,325 square feet with a mix of tenant uses. All tenants are currently paying below market rents under lease agreements that expire at the end of March 2025. These types of large industrial properties rarely hit the open market and provide an opportunity that should not be missed.

Location

State CA

County Monterey

Area Industrial

Building/Complex Name 557 & 561 Brunken Ave

Zoning IG

Interior

Heating Gas

Cooling None

Exterior

Parking Features Common Parking Area, Parking Area

Utilities Available Public Utilities

Roof Type Metal

Present Use Industrial,Warehouse

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 002-491-024

Security Features None

Special Listing Condition Not Applicable

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Alan Canas

PRIVATE OFFICE ADVISOR & LICENSED PARTNER | Realtor® | License ID: CA DRE #01793936

+1(415) 298-8940

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557 Brunken AVE