$5,400,000

318 Cayuga Street, Salinas CA, 93901

Price per sqft$249.01

Built in1979

Property size21,686 sqft

Property typeCommercial

Listed by Monterey Peninsul... CA DRE# 70000352 with KW Coastal Estates 831-313-2289

Overview

Active

Listed Sep 10, 2026

Updated 9 days ago

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.

Additional information

MLS^® ID: ML82060826

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.27 Acres

Other Property Details

Taxes: $70,200
Tax Frequency: Annually
Maintenance Expense: $10,949

Also listed on MLSLISTINGS

Listed by Monterey Peninsul... CA DRE# 70000352 with KW Coastal Estates 831-313-2289

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/12/2026 at 3:44 AM UTC Last Checked: 3:44 AM UTC