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Commercial Property — 157 Central Avenue, Salinas, CA

$1,495,000

157 Central Avenue, Salinas, CA

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About this property

157 Central Ave is an 8-unit apartment complex located in Downtown Salinas, adjacent to Hartnell College and Monterey County government offices. The property consists of six studio apartments within the two-story main building, along with two detached units: one one-bedroom/ one-bath unit and one three-bedroom/one-bath unit. The property has historically experienced very low tenant turnover, providing a stable and consistent rental history. The one-bedroom/one-bath unit can be delivered vacant at closing, offering an owner-user the opportunity to occupy the unit or an investor the flexibility to lease it at market rates.

Property details

Square feet
3,441
Year built
1934
Property type
Commercial Sale
Lot size
6,716 sqft

Location

157 Central Avenue • Salinas, CA 93901

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Listed by

Patrick Stafford · Baird Partnership, Inc.

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