Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81987355
MLS Source
MLSListings, Inc.
Days on Site
36
Commercial Information
Parking Spaces
0
Present Use
Hotel/Motel, Mixed, Retail
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
Window/Wall Unit
Heating
Central Forced Air - Gas
Exterior Features
Roof
Concrete
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
C-1
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
16 E Gabilan St is a Commercial Sale in Salinas, CA 93901. This 11,341 square foot property sits on a 4,309 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,200,000 and was built in 1930. This address can also be written as 16 E Gabilan St, Salinas, CA 93901.
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This listing information is up-to-date as of November 24, 2024. For the most current information, please contact Joe Villanueva, (831) 206-7832
