1012 Abbott Street Salinas, CA $ 2,995,000
1012 Abbott Street
$ 2,995,000
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1012 Abbott Street

Salinas, CA, 93901
$ 2,995,000
Baths0.0 Sq 8,440

Monthly Estimate*

$ 19,906

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Studio

Commercial Property for sale in Salinas, CA

for $2,995,000. This 8,440 square foot building was built in 1940 on a lot size of 1.62.

First time on the market in almost 100 years! Don't miss this rare development opportunity on one of the busiest intersections in south Salinas. Ideal location for a Quick Service Restaurant, retail or industrial development or as an owner/user. Located at the corner of East Blanco Rd and Abbott St, this property fronts on two commercial arterials that connect south Salinas to Highway 101, Highway 68 and the greater Salinas area. Situated on 1.62 acres, and zoned Industrial/General Commercial (IGC), the property features a 6,000 square foot building and a 2,440 square foot building and two billboards which provide additional income. The property is located in an Opportunity Zone, providing potential tax benefits.

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Commercial Pending

Price

$ 2,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Comm Ind For Sale

Lot Size

1.62

Year Built

1940

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML81870717

Features
General
Heating Wall Furnace
Roof Metal
Zoning IGC
Year Built 1940
Property SubType Comm Ind For Sale
County Monterey
Property Type Commercial Sale
HOA / Comm Assn Y
Status Pending Show for Backups
City Salinas
MLS Area Listing
Lot Size Square Feet 70567
Street Name Abbott Street
Standard Status Pending
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Exterior
Water Source Public
Lot Size Area 1.62
Lot Size Acres 1.62
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Interior
Heating Y/N Yes
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* Excluded Features
List By
Joe Piini

Listing Agent

Piini Realty

Broker

joe@piinirealty.com

Email

Affordability Calculator

$19,906
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,906
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/11/2023$2,995,000 Listed Price

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1012 Abbott Street, Salinas, CA, 93901 is a Commercial Property for sale at $2,995,000 with 8,440 sqft and a lot size of 1.62. 1012 Abbott Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 93901 which is in Salinas, CA