1. California
  2. Salinas
  3. 557 Brunken Avenue
$7,400,000

557 Brunken Avenue, Salinas, CA 93901

  • 41,070 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon2.09acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $180/sqft
  • Property List Date Icon Listed 6 months ago

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.

Listing Status:
Active
Date Added:
January 24, 2025 at 06:00AM
Listing Office:
Piini Realty : 831-422-5327
Listing Agent:
Joe Piini : 831-422-5327
MLS ID:
ML81991598
  • A/C: None
  • Heating:

This listing courtesy of Joe Piini, Piini Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

El Sausal Middle School

1155 E Alisal St, Salinas, CA, 93905

Grades 7-8

1.10 miles away

S

Salinas High School

726 S Main St, Salinas, CA, 93901

Grades 9-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.