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Active 2 days on market

1200 W Market Circle

Salinas, CA 93901

$2,300,000

1200 W Market Circle
1200 W Market Circle photo 2
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+20 more
Beds
Baths
Sq Ft
0.13Acres
1914Built

About This Home

Rare 11-unit rental property on a large lot in a convenient Salinas location. 1200 W Market Street offers a strong income-producing opportunity with a fantastic rent roll, steady renter pool, and close proximity to shopping, employment centers, dining, services, and commuter routes. The spacious lot provides ample storage, generous outdoor space, and flexibility for future value-add opportunities. With room for possible expansion and an ideal layout to explore additional development, this property presents meaningful upside potential for investors seeking both current income and long-term growth. A well-positioned multifamily asset in one of Salinas most accessible areas, offering scale, location, and future possibilities. Buyer to verify development potential, unit count, rents, zoning, and all property details.

Property Details

Property TypeCommercialSale
Year Built1914
Lot Size0.13 acres
Parking Total20
HeatingElectric,WallFurnace
CoolingNone
PoolNo
MLS #1159610278
Days on Market2 days

Location

Listed by

The C Group

Real Brokerage Technologies

MLS# ML5092629

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

1200 W Market Circle | Salinas, CA | Leeper Realty Group