Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

940 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1012 & 1016 Abbott St 1012 Abbott St

8,440 SF 100% Leased Industrial Building Salinas, CA 93901 $2,995,000 ($355/SF)

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Development opportunity on one of Salinas' busiest intersections.
Property is located in Opportunity Zone.

Ideal location for Quick Service Restaurant, industrial development or an owner/user.

Executive Summary

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.
Due to differing ownership of the two parcels, all offers will need to be split into two purchase agreements. The total offer price will be allocated based upon pre-determined percentages, which will be provided upon request.

Abbott Street Brochure

Property Facts Under Contract

Price	$2,995,000	Lot Size	1.62 AC
Price Per SF	$355	Rentable Building Area	8,440 SF
Sale Type	Investment	No. Stories	1
Property Type	Industrial	Year Built	1940
Property Subtype	Warehouse Flex Light Manufacturing General Retail Fast Food Showroom	Parking Ratio	1.18/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,995,000
Price Per SF	$355
Sale Type	Investment
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing General Retail Fast Food Showroom
Building Class	C
Lot Size	1.62 AC
Rentable Building Area	8,440 SF
No. Stories	1
Year Built	1940
Parking Ratio	1.18/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Fenced Lot

Signage

Yard

Lighting
Gas
Water
Sewer

1 of 1

aerial
map

1012 Abbott St, Salinas, CA - aerial map view - Image1

1012 Abbott St, Salinas, CA - aerial map view - Image2

1012 Abbott St, Salinas, CA - aerial map view - Image3

1012 Abbott St, Salinas, CA - aerial map view - Image4

1012 Abbott St, Salinas, CA - aerial map view - Image5

1012 Abbott St, Salinas, CA - aerial map view - Image6

1012 Abbott St, Salinas, CA - aerial map view - Image7

PROPERTY TAXES

Parcel Number	002-881-043-000	Improvements Assessment	$27,642
Land Assessment	$281,216	Total Assessment	$308,858

PROPERTY TAXES

Parcel Number

002-881-043-000

Land Assessment

$281,216

Improvements Assessment

$27,642

Total Assessment

$308,858

zoning

Zoning Code	IGC (Industrial/General Commercial - wide variety of industrial & commercial uses, including QSR's, service stations, equipment sales & industrial complex.)
IGC (Industrial/General Commercial - wide variety of industrial & commercial uses, including QSR's, service stations, equipment sales & industrial complex.)