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Prime Downtown Salinas Commercial Opportunity 140 Central Ave 3,102 SF 100% Leased Office Building Salinas, CA 93901 $1,215,000 ($391.68/SF)
Investment Highlights
- Prime downtown Salinas location along Central Avenue
- Convenient access to Highway 101 and major thoroughfares
- Walkable location in the heart of Salinas’ commercial district
- Strong street visibility and signage opportunities
- Ideal for retail, office, showroom, wellness, or service-oriented users
- Close proximity to municipal buildings and community amenities
Executive Summary
Mahoney & Associates is pleased to present 140 Central Avenue in Salinas. This is a super well maintained office building and the first time on the market in 30+ years. Ideally configured for professional office users, this property is in a great location; short walking distance to the downtown/ Main Street or the Salinas Courthouse. A usable, clean basement is not included the building square footage. The first floor does have handicap ramp access from the back parking lot area. Two second floor outside patios add to the uniqueness of this great property.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,102 SF
Building Class
C
Year Built
1938
Price
$1,215,000
Price Per SF
$391.68
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,551 SF
Building FAR
0.40
Lot Size
0.18 AC
Opportunity Zone
Yes
Parking
6 Spaces (1.93 Spaces per 1,000 SF Leased)
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Fairly walkable
50/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 002-162-017-000 | Improvements Assessment | $385,566 |
| Land Assessment | $227,494 | Total Assessment | $613,060 |
Property Taxes
Parcel Number
002-162-017-000
Land Assessment
$227,494
Improvements Assessment
$385,566
Total Assessment
$613,060
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