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Four-Building Mixed-Use Property
For Sale
$635,000

1723 Lake Street, Salinas, CA 93901

Four commercial buildings accommodate office, storage, church, child care, and additional flexible-use space.

Property Size5,420 SF
Price / SF$117.16
Days on Market201

Property Features for 1723 Lake Street

General Information

Standard status Active
Size 5,420 SF
Property subtype General Commercial

Taxes and HOA fees

Annual Taxes $6,000

Amenities

3
Tar Gravel
CO/R

Building Details

Year Built 1960
Buildings 4
Listing Agency: Frater Real Estate, Inc.
Listed By: Nathan Frater
Source: Xome
Added: Feb 11 Changed: Aug 31 Last Checked: Aug 31 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frater Real Estate, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property comprises four commercial buildings totaling 5,420 square feet on a 6,680-plus-square-foot lot. One building is utilized for offices and storage, while another serves as a church, child care facility, and storage space. A barber shop building is also part of the property and offers an additional existing commercial component.

The property is located on Lake Street in South Salinas, an area identified as expanding. Built in 1960, the asset combines several existing building uses within one commercial property and includes tar-and-gravel exterior roofing.

Key Highlights

  • Four commercial buildings on one 6,680‑plus‑square‑foot lot
  • 5,420‑square‑foot total property size
  • Existing office and storage use in one building

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Dental Office HVAC Service Kitchen & Bath Showroom Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,324
Businesses Nearby

Demographics for 93901, CA

29,700
Population
11,328
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
81%
High-School Grad
9.6 sq mi
ZIP Area
3,094
Density / Sq Mi
$91,639
Median Household Income
$47,620
Median Earnings
$1,792
Median Rent
$721,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four commercial buildings accommodate office, storage, church, child care, and additional flexible-use space.
Where is this mixed-use property located?
The property is located at 1723 Lake Street Salinas, CA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Four commercial buildings on one 6,680‑plus‑square‑foot lot; 5,420‑square‑foot total property size; Existing office and storage use in one building
More about this property
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