318 Cayuga St , Salinas, CA 93901
$5,400,000
Est. Payment: $29,637.22/mo
21686 Sqft
0.27 Acres
Status: Active | Days on site: 1
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ML5009200 - ML5065891
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House Description

318 Cayuga St presents the opportunity to acquire a fully leased multi-tenant office investment in Salinas, California.The two-story office building contains apx 20,212 SF and is situated on apx 11,700 SF parcel zoned Commercial Office (CO).Currently occupied by multiple office users, providing in-place tenancy and immediate income generation.Features include a reinforced concrete foundation, structural steel frame construction, painted wood-sided exterior walls, suspended acoustical tile ceilings, passenger elevator, multiple HVAC zones, fire/smoke alarm systems, covered parking, and a recently installed solar system.Salinas serves as the county seat and regional business hub for the Central Coast, supporting a diverse economy that includes agriculture, healthcare, government services, and manufacturing.Nearby employers include Salinas Valley Memorial Hospital, County offices, and numerous private-sector businesses that contribute to sustained office demand. The offering combines stabilized occupancy, existing cash flow, and a location within an established office market.With a reported market vacancy below 2% at the time of marketing, the asset provides an opportunity to acquire an income-producing property in one of Monterey County's primary employment and business centers.

Highlights

Listed by Monterey Peninsul... , 831-313-2289 KW Coastal Estates , (831) 622-6200. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.27

Year Built

1979

County

Monterey

Area

699 - Not Defined

Listing ID

ML82060826

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:CO/R
Roof:Tar/Gravel
Principal Interest
$29,637
Taxes
$5,850

Home Price

$5,400,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$1,080,000
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Monthly Price:
$29,637.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $29,637.22 $5,850.00 $0.00 $35,487.22
Yearly $355,646.61 $70,200.00 $0.00 $425,846.61
Total $10,669,398.31 $2,106,000.00 $0.00 $12,775,398.31

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Salinas, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T11:10:31.000Z

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