About 318 Cayuga Street
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.
Features of 318 Cayuga Street
| MLS® # | ML82060826 |
|---|---|
| Price | $5,400,000 |
| Bathrooms | 0.00 |
| Acres | 0.27 |
| Year Built | 1979 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 318 Cayuga Street |
|---|---|
| Area | 699 - Not Defined |
| City | Salinas |
| County | Monterey |
| Zip Code | 93901 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Roof | Tar/Gravel |
|---|
Additional Information
| Date Listed | September 10th, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | CO/R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Monterey Peninsul... |
|---|---|
| Office | KW Coastal Estates |
