312 Abbott St Salinas, CA 93901-4346

This exceptional investment opportunity presents a 21,738 square foot light industrial property situated on a 1.05-acre lot at 312 Abbott Street, Salinas, CA. Currently fully leased, this property boasts near-zero vacancy potential due to the significant shortage of comparable spaces in the Salinas and Monterey County area. The building houses a diverse tenant base, including auto repair and detailing businesses, and other light industrial operations. A permitted automotive paint booth is also on-site, adding to the property's versatility and appeal. Unit sizes range from approximately 1,500 square feet to approximately 4,500 square feet, catering to a variety of business needs. Convenient amenities include ample on-site parking with approximately 47 spaces and shared restrooms. The strong tenant demand, driven by the limited availability of similar properties in the region, ensures a stable and potentially high-yielding investment for the future owner. This property represents a rare chance to acquire a well-leased, high-demand commercial asset in a thriving market. The asking price is $5,295,000.