Merrill Building | 1020 Merrill St
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Merrill Building 1020 Merrill St
18,778 SF 75% Leased Office Building Salinas, CA 93901 $4,000,000 ($213/SF)
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.
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
Building Size
18,778 SF
Building Class
C
Year Built
1978
Price
$4,000,000
Price Per SF
$213
Percent Leased
75%
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
- 2,250 SF
- Office
- Shell Space
- Now
- 1st Fl-Ste 1010
- 2,005 SF
- Office
- Full Build-Out
- Now
Elevator access, common restrooms located downstairs.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1008 | 2,250 SF | Office | Shell Space | Now |
| 1st Fl-Ste 1010 | 2,005 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 2017 | 360 SF | Office | - | Now |
1st Fl-Ste 1008
| Size |
| 2,250 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 1010
| Size |
| 2,005 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 2017
| Size |
| 360 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 2017
| Size | 360 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Elevator access, common restrooms located downstairs.
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PROPERTY TAXES
| Parcel Number | 002-881-038-000 | Improvements Assessment | $2,475,237 |
| Land Assessment | $790,612 | Total Assessment | $3,265,849 |
PROPERTY TAXES
Parcel Number
002-881-038-000
Land Assessment
$790,612
Improvements Assessment
$2,475,237
Total Assessment
$3,265,849
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Merrill Building | 1020 Merrill St
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