557 Brunken AVE, Salinas, CA 93901
- $5,800,000
Listed by Joe Piini, 831-422-5327 from Piini Realty
(If provided) CoList: from
Sold listing courtesy of Patrick Stafford from M82
- Sold Price
- $5,800,000
- List Price
- $7,400,000
- Closing Date
- Dec 31, 2025
- MLS#
- ML81991598
- Status
- SOLD
- Lot Size
- 91,040
- Listing Area
- Industrial
- Year Built
- 1972
Property 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.
Additional Information
- Acres
- 2.09
- Age
- 53
- Building Name
- 557 & 561 Brunken Ave
- Cooling System
- None
- Foundation
- Concrete Slab
- Garage Parking
- Common Parking Area, Parking Area
- Heating System
- Gas
- Lot Size
- 91,040
- Neighborhood
- Industrial
- Other Utilities
- Public Utilities
- Present Use
- Industrial, Warehouse
- Roof
- Metal
- Sewer
- Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- IG
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