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Roseann Oesterreich, CRS, GRI
FOR SALE
$4,200,000

16 E Gabilan Street
Salinas, CA 93901

Business Opportunities
Commercial
11,341
Sq. Ft.
0.0989
Acre Lot
Listing Agent: Joseph Villanueva CalDRE: 01715260 - Villa Nueva Properties;
Home> California> Salinas> 93901
VNP Commercial is pleased to present the Sale of 16 E Gabilan St in Salinas, CA. The subject property is a historic 3-story Hotel built in 1930 in Oldtown Salinas situated on a 0.10 acre lot. The ground floor consists of two Retail spaces currently occupied by a restaurant operator and a coffee shop which occupy a total of approximtely 3,479 square feet. The 2nd and 3rd floors are a total of 32 rentable rooms plus 1 on-site manager apartment unit (2bd/1ba) for approximately 8,119 square feet. The building is located in an approved Opportunity Zone in which CA State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment (please verify with your tax professional). The building is also approved for the US Department of Labor H-2A program which provides agricultural workers housing accommodations. The Hotel is conveniently located in Oldtown Salinas near restaurants, shopping, nightlife, entertainment, and heavy foot traffic. Public transportation is within walking distance to nearby bus and train stations. Please call for current financials and pricing details.
ML81987355
Commercial - Business Opportunities, Other
1930
Monterey
0.0989 Acres
Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Joseph Villanueva CalDRE: 01715260 - Villa Nueva Properties;
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