Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    None

  • Heating YN

    YES

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    2.09

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $7,400,000

  • Tax Amount

    3436.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Water Source

    Public

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Location

County

Monterey

Elementary School

Middle School

High School

Listing Courtesy of Joe Piini , Piini Realty

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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.

557 Brunken Avenue

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