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    10 Katherine Ave Salinas, CA 93901

    Sponsored
    For Sale
    $1,225,000

    Prime South Main St. location, vacant, under remodel.

    Property size:
    3,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 3,100 square foot retail space, located at 10 Katherine Ave, Salinas, CA 93901, is available for $1,225,000 ($295.18/sq ft). Situated on a 4,150 square foot lot, this property boasts a desirable South Main Street location and versatile mixed-use zoning, making it ideal for a variety of businesses. Originally built in 1950 and renovated in 2014, the building offers flexible office space and is currently vacant. The property features a mid-century modern facade and shared parking located at the rear of the building. The interior is currently under remodel and the seller is open to customizing the space to meet a buyer's specific needs. The property's APN is 002-605-003. This presents a unique opportunity for investors and businesses seeking a prominent location in Salinas, California. The building was previously occupied by Century 21 and has been vacant since 2019. This prime location offers excellent visibility and accessibility, making it an attractive investment opportunity.

    Property Features for 10 Katherine Ave

    General Information

    Property type
    Retail properties
    Square Feet
    3,100 SF

    Building Details

    Year Built/Renovated
    1950/2014

    HighLights

    • Prime South Main Street location.
    • Flexible zoning allows for diverse uses.
    • Rear building parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Century 21 Advantage Real Estate Agency Wesley Franklin Real Estate Agency LP Mortgage Services Mortgage Lender

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salinas
    County
    Monterey
    State
    California
    Longitude
    -121.65752063315
    Latitude
    36.661722346956

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    FAQs

    What type of property is this?
    Retail property - Prime South Main St. location, vacant, under remodel.
    Where is this retail property located?
    The property is located at 10 Katherine Ave Salinas, CA.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: Prime South Main Street location.; Flexible zoning allows for diverse uses.; Rear building parking available.
    Request Owner's contact information
    10 Katherine Ave Salinas, CA 93901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Katherine Ave Salinas, CA 93901
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