557 Brunken Avenue, Salinas, CA 93901
  • MLS#: ML81991598 ( )
  • Street Address: 557 Brunken Avenue
  • Viewed: 12
  • Price: $7,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 0
  • Days On Market: 92
  • Additional Information
  • County: MONTEREY
  • City: Salinas
  • Zipcode: 93901
  • Provided by: Piini Realty
  • Contact: Joe Joe
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Building Area Total
  1. 41070.00
Cooling
  1. None
Current Use
  1. Industrial
Otherexpense
  1. 0.00
Otherincome1
  1. 0.00
Parcel Number
  1. 002491024
Professionalmanagementexpense
  1. 0.00
Roof
  1. Metal
Totalexpenses
  1. 36936.00
Trash Expense
  1. 0.00
Views
  1. 12
Water Source
  1. Public
Year Built
  1. 1972
Year Built Source
  1. Other
Zoning
  1. IG