PLEASE DO NOT Go onto property! Calling all Investors! This almost 1.2 acre lot spans from Williams road with another access point on the street over at Cross Avenue. There are (10) 1bd/1ba apartments all located on the main level and all with attached single car garages. PLUS 13 Mobile home spaces that are currently at full occupancy by well established tenants. There is also 1 2bd (maybe 3bd) 1 BA single family residence. The City of Salinas mentioned that there is the possibility of rezoning & building 24+ or more units on this lot. So there is greater potential for this property bring in more income.
Solid Income Producing Multi-Unit complex on a 12,000 sf lot. These six spacious 2 bedroom 1 bath units are in a perfect central location. Great single detached Managers unit with front yard is ideal for owner to live and manage property. Deep driveway with plenty of parking!
This six-unit complex is in excellent condition. The units are all two-bedroom / one-bathroom apartments with private front or back yards. The current rent average is $1,691. Market rents are estimated at $2,300. The rents were increased in the fall of 2023. Three units have an attached garage with washer and dryer hookups. The complex features six two-bedroom / one-bathroom units. Four units are separately metered for water and the tenants are responsible for the payment. Two units share the same water meter - the owner pays water for this meter. The tenants pay their own PG&E, including hot water. There is very little exterior landscaping. The exteriors are stucco and wood, and the roofs are estimated at 15 years old.
Great Investment opportunity located in the heart of downtown Pajaro! Currently leased as a bar for over two decades, This commercial building was renovated in 1997 and features a commercial grade hood fan, countertops along with two commercial grade sinks. It has the potential to become a fully operational restaurant grade kitchen with minimal upgrades. Highly trafficked area with both high volume vehicle and pedestrian traffic. This commercial space has great visibility/signage for your next business opportunity!
Amazing opportunity to own two commercial lots which in the past had pre-approved plans for a 91 room hotel in a prime location. Its proximity to the 101 Freeway ensures easy connectivity making it an ideal choice for a hotel venture. The sellers are highly motivated to negotiate on these prime commercial lots. Act now, and let's turn possibilities into reality!
85,944 square foot parcel (1.97acres) located near the intersection of E. Lake Ave and Holohan Rd, one of the busiest intersections in Watsonville. Includes a 5,500 sq. ft. building leased to Farmers Market for 10 years beginning 01/31/2020, with 10 year option. Lease rate is $10,404 per month plus 50% of property taxes ($4,125+/-) and all operating expenses. The lease covers the building and parking area excluding approximately 20,000 sq. ft. for future development for a new buyer. The listing price is based on a 5.5 CAP plus $200,000 for the potential undeveloped remaining land.
Great investment property for passive income long term Tenants have 5 year lease except one tenant month to month Prime location Business are leased and not part of sale Please do not disturb tenants need to make appointment to view
A classic building in the heart of Watsonvilles Central Business District. High vehicle and pedestrian traffic counts, convenient access to a public parking lots. Current Owner has invested an estimated $120K-$140K worth of TIs, repairs, and capital improvements into the building. Since the property is located in the heart of the Downtown District, it falls under the Downtown Watsonville Specific Plan, which encourages compact development near transit to decrease automobile dependency, and provide additional guidance and plans to increasing multimodal access to and from the historic Downtown area. Under a short range plan, you can repurpose the existing building for a broad range of uses ranging from a coffeehouse to a brewery to retail and offices. Or go big out of the gates with a long-range plan to capitalize on the new density bonus programs and go vertical for a mixed-use development with commercial use at street level and up to 5 stories of residential units above.
Welcome to 155 Griffin Street, California! This commercial property has undergone extensive renovations, making it an ideal investment opportunity. The recent upgrades include:New siding,New roof,New gutters,New fence, Framing repairs where needed,New 200 amp service meter, New concrete trough-out the lot with new gates. This property is now equipped with an improved infrastructure and just waiting for the finishing touches once the pending site plan is approved. This will ensure a comfortable and secure environment for your business needs. Dont miss out on this fantastic opportunity!
11 units - 1500 SF commercial space currently unrented. Lots of possibilities here. Mixed use. 4 studio units - couple of 3 BR units - one 6 BR unit. Several 1 BR units. 2 car garage.
Rarely on market, 3500 square foot single story office or retail building on 6,250 square foot lot. There are two units both currently rented. This property is for sale with the vacant land adjacent to it and could be purchased together.
Don't miss this rare chance to own a vacant lot with coveted Industrial Business Park (IBP) zoning. The property boasts a level terrain and convenient utility access. Nestled between Davis Road and N. Main Street, off West Rossi St, this approximately 1.3-acre parcel is a prime opportunity. Seize this exceptional opportunity for a valuable investment or development venture.
Rare Commercial corner property opportunity. Fronts West Market Street and New Street Subject property is located in one of Salinas major arterial thoroughfares In and Out of Salinas, providing very high business visibility and logistical location to any business. A unique property with two public streets. This is an opportunity to move your business upfront and take advantage of the arterial thoroughfares to US Hwy 101, Monterey Peninsula and Santa Cruz County. Sale includes two parcel numbers. Fuel tanks were removed in the past, documents available for review.
This lot is located in the Airport Business Park in Salinas, close to Highway 101 and the City of Salinas airport. 755 La Guardia and 743 La Guardia are offered individually ($2,312,500) or as a 4.8-acre package for $4,625,000. The zoning is IBP or Industrial Business Park. The Industrial Business Park zoning designation permits many uses. Please consult with the City of Salinas Planning Department zoning code to determine if your use fits.
301 Main Street in Salinas, California is an iconic six-story property located in the heart of downtown Salinas and just blocks away from the recently built +/- 100,000 square foot Taylor Farms Headquarters and Monterey County Superior Courthouse. The ground floor of the building is leased to Alvarado Street Brewerys art deco styled restaurant, Alvarado on Main. Floors 2 - 6 were converted from office space in 2022 to fifty (50) residential studio apartment units. The apartments are equipped with wide-plank oak flooring, stainless steel appliances, quartz countertops, LED illuminated vanity mirrors, and spacious showers. Approximately 5,000 SF of Trex decking has been installed on the roof of the building, as well as a viewrail glass railing around the perimeter of the roof space. The building is equipped with a ButterflyMX Smart Intercom service, laundry rooms on each floor (2 washers and 2 dryers per residential floor), mail room, storage spaces (available at an additional cost), on-site manager, and internal ground floor access to the Alvarado on Main restaurant. The property has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.
This lot is located in the Airport Business Park in Salinas, close to Highway 101 and the City of Salinas airport. 755 La Guardia and 743 La Guardia are offered individually ($2,312,500) or as a 4.8-acre package for $4,625,000. The zoning is IBP or Industrial Business Park. The Industrial Business Park zoning designation permits many uses. Please consult with the City of Salinas Planning Department zoning code to determine if your use fits.
PRICE REDUCTION! SELLER MOTIVATED! Tremendous opportunity on this 20-unit complex, while being able to add more as per owner! Also there is development potential, as this property consists of 4 APN's for a total of 1.56 acres. located walking distance to downtown Castroville, Mass Transit, local Restaurants, Schools, Medical as well as Shopping. Owner is currently renting out 20 units between two buildings, consisting of a 12,500 sf and 9,000 sf building, not to mention outdoor storage. According to the 2015-2023 County of Monterey Housing Element Update, APN 030-141-025 is listed as an underutilized site, with potential for 46 units on all 4 parcels (030-141-025,027,034,035). In the Castroville Community Plan VOLUME I, the property is listed Mixed-use (MU-C). The Mixed-use designation allows for residential development on the same site or in the same building as commercial uses. Residential uses are generally high-density multi-family which includes flats, condos, and townhomes. Lot next door available. ML81925123, as well as adjacent trailer park.
Wonderful opportunity to own your own office building offering 1599 SF of Space on a 6,589 SF lot just down the street from the Courthouse. Great location convenient to Old Town Salinas , many restaurants and stores. The property has had many updated maintenance that was in need, such as Outside Stucco, Windows, doors, Railing on the ADU ramp, Kitchen, Steps and landing for both back doors, Plumbing to allow for filter system, sewer pipes, plumbing for tankless water heater, and LED lights. It just needs the new owner to finish up and make it there own.
This is a small bay light industrial leased investment that due to the lack of available spaces for tenants requiring a roll-up door, will benefit from near zero vacancy. The tenant roster contains a mix of auto repair/detail uses and other light industrial uses as well as a permitted automotive paint booth. The units range in size from 1,500SF to 4,500 SF. There are on-site his and hers common area restrooms and 47 off street parking spaces. Salinas and the surrounding Monterey County area is subjected to a severe lack of small, light industrial space available for lease, providing the future Landlord with excellent tenant demand for space to lease.
