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Listed by Piini Realty, Joe Piini, Listing Contact: 831-422-5327
41,070 sqft

$5,800,000

557 Brunken AVE, Salinas CA, 93901

Price per sqft$141.22
Built in1972
Property size41,070 sqft
Property typeCommercial

Overview

Sold

Listed Jan 24, 2025

Updated 2 days ago

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.

Additional information

MLS® ID
ML81991598

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
2.09 Acres

Also listed on CRMLS

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Listed by Piini Realty, Joe Piini DRE:01889295,
Listing Contact: 831-422-5327 

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