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Six-Unit Mixed-Use Property
New
For Sale
$990,000

661 E Market St, Salinas, CA 93901

Fully leased commercial property combining residential and commercial occupancy in an established Salinas setting.

Property SizeContact for details
Days on Market4

Property Features for 661 E Market St

General Information

Standard status Active
Occupancy 100%

Taxes and HOA fees

Annual Taxes $11,940

Building Details

Tenancy Multi
Listing Agency: Main Street Realtors
Listed By: Datta Khalsa · License #01161050
Source: Exprealty
Added: Sep 15 Changed: Sep 17 Last Checked: Sep 17 at 2:31AM

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 Main Street Realtors

Investment Insights

Based on property information with market context.

Located at 661 E Market St in Salinas, this mixed-use property contains six total units: four residential units and two commercial units. The combination creates a single asset with both housing and business occupancy within the same property.

All six units are currently leased, providing established occupancy across the residential and commercial components. The property’s configuration supports diversified tenancy, with four residential spaces complemented by two commercial units.

Key Highlights

  • Six total units: four residential and two commercial
  • All six units are currently leased
  • Mixed‑use configuration combines housing and commercial occupancy

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Parking Lot & Garage HVAC 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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

847
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased commercial property combining residential and commercial occupancy in an established Salinas setting.
Where is this mixed-use property located?
The property is located at 661 E Market St Salinas, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Six total units: four residential and two commercial; All six units are currently leased; Mixed‑use configuration combines housing and commercial occupancy
More about this property
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