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557 Brunken Avenue, SALINAS, CA 93901
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$7,400,000
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Home Details for 557 Brunken Avenue
Price
$7,400,000
Type
Commercial/Industrial
Year Build
1972
Sq. Ft.
41070
Lot Size
2.09
County
Monterey
Tax
$3,436
MLS®️ Listing#
ML81991598
On exitrealty.com
346 days
Listed By: Piini Realty - 831-422-5327. Listed By: Joe Piini
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.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.
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Last Updated: 2025-12-31 16:46:25
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