AGENCY ONE REAL ESTATE
Listed by AGENCY ONE REAL ESTATE
$995,000
109 E Alisal Street
Details
APN 002-224-018-000
Property Type Retail, Office
Sub Type Traditional Office
Square Footage 3,770
Units 2
Cap Rate 0.36%
Tenancy Vacant
Price per SqFt $317
Year Built 1947
Stories 1
Acreage 0.211
Parking Spaces 12 spaces
Parking Per SqFt 3.18
Investment Type Owner/User
Ceiling Height 10'
Retail | 0.36% CAP | 3,770 SqFt
Marketing description
Fantastic opportunity to own this 3770 sqft office building with approx 800 sqft basement(not included in sqft) in great downtown location in South Salinas. The building is split into two units with one tenant using approx 1500 sqft of space and paying $1950 per month. The other side is approx 2270sqft(with 800sqft basement) and will be delivered vacant for a perfect owner-user opportunity. The larger unit has multiple private office spaces, a conference room, kitchen area, private bathroom, private outdoor courtyard and plenty of storage areas. The smaller unit has beautiful hardwood flooring, kitchen, private bathroom and storage room. The overall condition of the building is good with updates in recent years including new roof, new windows, new flooring and new paint. This is a great opportunity for an owner/user or as a solid cash flowing investment by renting out both sides. There are 12 parking spaces on site and on street parking located nearby. Located near the heart of downtown Salinas and walking distance to shops and restaurants. Over 1000+ cars per day pass by this property. If you are looking for a great investment opportunity you've just found it!
Investment highlights
- Apprx Lot 9,201 SqFt (Other)
- Yard Sq Ft 4,000
Listing Contacts
AGENCY ONE REAL ESTATE
Listed by AGENCY ONE REAL ESTATE
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Zoning
CR CommercialRetail CommercialCommercial Retail
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