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1012 Abbott St, Salinas, CA, 93901
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1012 Abbott St Salinas, CA, 93901

$2,995,000 Commercial under contract Comm Ind For Sale

First time on the market in almost 100 years! Don't miss this rare development opportunity on one of the busiest intersections in south Salinas. Ideal location for a Quick Service Restaurant, retail or industrial development or as an owner/user. Located at the corner of East Blanco Rd and Abbott St, this property fronts on two commercial arterials that connect south Salinas to Highway 101, Highway 68 and the greater Salinas area. Situated on 1.62 acres, and zoned Industrial/General Commercial (IGC), the property features a 6,000 square foot building and a 2,440 square foot building and two billboards which provide additional income. The property is located in an Opportunity Zone, providing potential tax benefits.
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Property details

8,440 sqft interior area
Land area
70,567 sqft (1.62 acres)
Days on Verhouse
899
Address
1012 Abbott St, Salinas, CA, 93901
City of California
Salinas
County
Monterey
Year Built
1940
District
Listing

Nearby major retailers

Costco
Lowe's
Walmart Supercenter
T-Mobile
Toyota
Wholesale: 1
Do it yourself: 1
Supermarket: 2
Mobile phone: 1
Car: 1
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Listed by

Joe Piini, Piini Realty
Name
Joe Piini
License number
01889295
Brokerage company
Piini Realty
MLS #
ML81870717

Payment calculator

Calculate your monthly payments
Mortgage
$9,196
Taxes
$0
HOA dues
$0
$9,196 per month
Mortgage
$599,000 / 20%
2.28%
30 years
Your amount $9,196 / month

Lot details

TMK #002881043000
Parcel nr.
002881043000

93901 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 93901

52%
Families with children
National average: 39%
26%
Non family households
177,072
Population
$86,164
Average Income

Age & gender

Median age 33 years
More info

Commute types

82% commute by car
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Education level

39% have not graduated education
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Number of employees

5% work in agriculture
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Vehicles available

36% have 2 vehicle
More info

Vehicles by gender

36% have 2 vehicle
More info

Housing market insights for

$696.59k
Neighborhood average
sales price*
$702.5k
Neighborhood median
sales price*
134
Number
of sales*

Housing type

54% are single detacheds
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Rooms

47% of the houses have 4 or 5 rooms
More info

Bedrooms

64% have 2 or 3 bedrooms
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Owners vs Renters

56% are renters
More info
5 / 20
Least Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Under contract Sep 6, 2022
Date Event Price $/sqft Source
Sep 6, 2022 Under contract $2,995,000 0 MLS #ML81870717
Apr 15, 2022 For sale $2,995,000 0 MLS #ML81870717
Apr 15, 2022 Unavailable $2,995,000 0 MLS #ML81870717
Nov 19, 2021 New Listing $2,995,000 0 MLS #ML81870717

Taxes of 1012 Abbott St, Salinas, CA, 93901

IGC zoning / MLS #ML81870717
Zoning
IGC

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Frequently Asked Questions about 1012 Abbott St

What is 1012 Abbott St?

1012 Abbott St is a Commercial/Industrial propertywith 8,440 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

1012 Abbott St, Salinas, CA, 93901.

What comparable properties are nearby?

Comparable nearby commercial properties include 50 Chamberlain St, 501 Fremont St, 743 La Guardia St, 755 La Guardia St, 112 N Main St, 1034 E Laurel Dr.

Based on information from the bridgeMLS as of 05-05-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 05, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are Foods Co, 1.15 miles away and Star Market, 1.28 miles away.
The 93901 zip area has a population of 177,072, and 52% of the families have children. The median age is 33.23 years and 82% commute by car. The most popular housing type is "single detached" and 56% is renter.
Commercial Under contract $3m 1012 Abbott St, Salinas, CA, 93901 Save House Remove from Saved