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1124 Abbott St
Salinas, CA 93901
Office Property For Sale
Investment Highlights
- Corner location at Abbott Street and Merrill Street with strong visibility and convenient ingress/egress.
- Located in a Qualified Opportunity Zone with potential federal tax advantages for eligible investors.
- Functional floor plan with private offices, conference space, and open work areas supported by HVAC.
- ±2,881 SF freestanding office building on ±0.61-acre parcel with ample surface parking.
- Close proximity to Highway 101 and key industrial and agricultural operations in Monterey County.
- Positioned in Salinas’ thriving Agricultural and Industrial Hub, serving as the economic base for the region.
Executive Summary
1124 Abbott Street presents an exceptional owner-user or investment opportunity in the heart of Salinas’ Agricultural and Industrial Hub. This freestanding office building encompasses approximately 2,881 square feet on a 0.61-acre parcel, offering flexible usability and on-site parking for up to 34 vehicles. Positioned at the corner of Abbott Street and Merrill Street, the property benefits from outstanding visibility and convenient access to Highway 101, connecting the Salinas Valley to South Monterey County and the greater Central Coast region.
Constructed with a wood frame and brick exterior, the property features a functional floor plan supported by forced air and HVAC systems. The location places owner-occupants or investors at the center of Monterey County’s agricultural economy while remaining minutes from key commercial and industrial employers. This asset is situated within a federal Qualified Opportunity Zone, providing potential tax benefits and redevelopment advantages for eligible investors.
Salinas is a strategic hub for business on California’s Central Coast, positioned just an hour from Silicon Valley and offering regional access to major transportation corridors. Combining a strong local employment base with infrastructure that serves both agricultural and manufacturing industries, this property delivers enduring value to buyers seeking operational efficiency or future appreciation potential.
Constructed with a wood frame and brick exterior, the property features a functional floor plan supported by forced air and HVAC systems. The location places owner-occupants or investors at the center of Monterey County’s agricultural economy while remaining minutes from key commercial and industrial employers. This asset is situated within a federal Qualified Opportunity Zone, providing potential tax benefits and redevelopment advantages for eligible investors.
Salinas is a strategic hub for business on California’s Central Coast, positioned just an hour from Silicon Valley and offering regional access to major transportation corridors. Combining a strong local employment base with infrastructure that serves both agricultural and manufacturing industries, this property delivers enduring value to buyers seeking operational efficiency or future appreciation potential.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,881 SF
Building Class
C
Year Built
1970
Price
$1,200,000
Price Per SF
$416.52
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,881 SF
Building FAR
0.11
Lot Size
0.58 AC
Opportunity Zone
Yes
Parking
28 Spaces (9.72 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 002-881-037-000 | Improvements Assessment | $239,496 |
| Land Assessment | $239,496 | Total Assessment | $478,992 |
Property Taxes
Parcel Number
002-881-037-000
Land Assessment
$239,496
Improvements Assessment
$239,496
Total Assessment
$478,992
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