About This Home

This 0-bedroom, 0-bathroom commercial at 318 Cayuga Street in Salinas, CA is listed for $5,400,000 ($249 per sqft). Built in 1979, the home offers 21,686 sqft of living space on a 0.27 acres lot.

Key Features

  • Built in 1979
  • 0.27 acre lot
  • 3 stories

Property Details

3 stories
1979

Amenities

SolarA/C
Listing Description

318 Cayuga St presents the opportunity to acquire a fully leased multi-tenant office investment in Salinas, California.The two-story office building contains apx 20,212 SF and is situated on apx 11,700 SF parcel zoned Commercial Office (CO).Currently occupied by multiple office users, providing in-place tenancy and immediate income generation.Featu

res include a reinforced concrete foundation, structural steel frame construction, painted wood-sided exterior walls, suspended acoustical tile ceilings, passenger elevator, multiple HVAC zones, fire/smoke alarm systems, covered parking, and a recently installed solar system.Salinas serves as the county seat and regional business hub for the Centra

l Coast, supporting a diverse economy that includes agriculture, healthcare, government services, and manufacturing.Nearby employers include Salinas Valley Memorial Hospital, County offices, and numerous private-sector businesses that contribute to sustained office demand.

The offering combines stabilized occupancy, existing cash flow, and a location within an established office market.With a reported market vacancy below 2% at the time of marketing, the asset provides an opportunity to acquire an income-producing property in one of Monterey County's primary employment and business centers.

Monthly Cost Estimate

$28,880/mo

20% down · 6.5% · 30 years

Principal$3,905
Interest$23,400
Insurance$1,575

Estimates only. Actual payments may vary.

Location

318 Cayuga Street

Salinas, CA 93901

Property Details

Flooring

LaminateCarpet

Heating

CentralForced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 318 Cayuga Street is listed at $5,400,000 ($249/sqft). The estimated monthly payment is $28,880 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1979, 0.27 acre lot, 3 stories.

This property is listed by Monterey Peninsula Home Team.

MT

Monterey Peninsula Home Team

License 70000352

Agent at Keller Williams Coastal Estates

Listed by Keller Williams Coastal Estates · Broker phone: (831) 622-6200 · Broker website

MLS# ML82060826· Source: MLS Listings, Inc.· 47 days on PropertySimple

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

318 Cayuga Street, Salinas, CA 93901

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