$2,995,000
Accepting Backup Offers

1012 Abbott Street

Salinas, CA 93901
1.62 acres | #ML81870717
Listing OfficePiini Realty
Browse 128 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

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.

  • Property Details
      • Acres1.62
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1940
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyMonterey
  • Financial Details
      • Original List Price$2,995,000
      • Taxes Annual$0
  • Other
      • MLS #ML81870717

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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