318 Cayuga ST

318 Cayuga Street, Salinas, CA, 93901
$5,400,000

Basics

Description

  • Description:

    318 Cayuga St presents the opportunity to acquire a fully leased multi-tenant office investment in Salinas, California.The two-story office building contains apx 20,212 SF and is situated on apx 11,700 SF parcel zoned Commercial Office (CO).Currently occupied by multiple office users, providing in-place tenancy and immediate income generation.Features include a reinforced concrete foundation, structural steel frame construction, painted wood-sided exterior walls, suspended acoustical tile ceilings, passenger elevator, multiple HVAC zones, fire/smoke alarm systems, covered parking, and a recently installed solar system.Salinas serves as the county seat and regional business hub for the Central Coast, supporting a diverse economy that includes agriculture, healthcare, government services, and manufacturing.Nearby employers include Salinas Valley Memorial Hospital, County offices, and numerous private-sector businesses that contribute to sustained office demand. The offering combines stabilized occupancy, existing cash flow, and a location within an established office market.With a reported market vacancy below 2% at the time of marketing, the asset provides an opportunity to acquire an income-producing property in one of Monterey County's primary employment and business centers.

Location

  • County: Monterey

Building Details

  • Parking spaces: 0
  • New construction: No
  • Heating: Central Forced Air
  • Roof:

Amenities & Features

  • Waterfront: No
  • Garage: No
  • Attached garage: No
  • Fireplace: No
  • Private pool: No
  • Cooling: Central Forced Air
  • Security features: Other
  • Utilities: Public Utilities

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Date added Added 2 hours ago Category Type Status
Lot size 11700 sq ft Year built 1979 Listing source MLSL MLS ID ML82060826