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Merrill Building 1020 Merrill St 18,778 SF 86% Leased Office Building Salinas, CA 93901 $5,395,720 CAD ($287.34 CAD/SF)

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Investment Highlights

  • Elevator access
  • abundant parking
  • 2023 sewer line rehabilitated with full liner
  • HVAC less than 5 year old
  • 2020 new TPO roof

Executive Summary

All HVAC units replaced with energy efficient units in the past 6 years, landscaping has been updated and the parking lot paved. Parking is abundant with 64 spaces. 2023 - Sewer system upgraded and lined. 2020 - new roof
This location is ideal for agriculture related businesses. There is a lot of opportunity to configure the space to suit your particular needs. High speed internet up to 100gb bandwidth is available through Livewire.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,778 SF
Building Class
B
Year Built
1978
Price
$5,395,720 CAD
Price Per SF
$287.34 CAD
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,389 SF
Building FAR
0.53
Lot Size
0.81 AC
Opportunity Zone
Yes
Zoning
Industrial - Light Industrial/ Industrial development
Parking
55 Spaces (2.93 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Central Heating
  • Fully Carpeted
  • Natural Light
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 1008
  • 2,687 SF
  • Office
  • Shell Space
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 1008 2,687 SF Office Shell Space Now

1st Fl-Ste 1008

Size
2,687 SF
Space Use
Office
Condition
Shell Space
Available
Now

Property Taxes

Property Taxes

Parcel Number
002-881-038-000
Land Assessment
$1,091,906 CAD
Improvements Assessment
$3,418,525 CAD
Total Assessment
$4,510,431 CAD
  • Listing ID: 3757723

  • Date on Market: 2015-02-10

  • Last Updated:

  • Address: 1020 Merrill St, Salinas, CA 93901

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