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Listed by KW Coastal Estates, Monterey Peninsula Home Team, Listing Contact: 831-594-3290
21,686 sqft

$5,400,000

318 Cayuga ST, Salinas CA, 93901

Price per sqft$249.01
Built in1979
Property size21,686 sqft
Property typeCommercial

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

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.27 Acres

Also listed on CRMLS

MLS provider logo

Listed by KW Coastal Estates, Monterey Peninsula Home Team DRE:70000352,
Listing Contact: 831-594-3290 

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Data last updated 5:59 PM UTC, 9/11/2026

 

 

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