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$5,800,000
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Property Description
557 & 561 Brunken is a large multi-tenant industrial building consisting of approximately 41,070 square feet of industrial/warehouse space on a 2.09 acre lot in the heart of Salinas' industrial district. Zoned Industrial-General (IG) and currently divided into 18 suites occupied by 13 tenants, this property is primed for value-add strategies to maximize net operating income and increase market value for years to come. Units range from 1,000 to 8,325 square feet with a mix of tenant uses. All tenants are currently paying below market rents under lease agreements that expire at the end of March 2025. These types of large industrial properties rarely hit the open market and provide an opportunity that should not be missed.
Full Property Details
Full Property Details for 557 Brunken Ave
General
- Sold For: $5,800,000
- Status: Closed
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML81991598
- Added to Site: 487 day(s) ago
Business
- Business Type: Industrial/Warehouse
Rental Information
- Complex Features: Multi-Tenant Building
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Common Parking Area, Parking Area
Location
- Area: Industrial
- County: Monterey
- Complex: 557 & 561 Brunken Ave
- Cross Streets: Malarin St
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas
Utilities
- Sewer: Sewer Connected
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- # Buildings: 1
- Foundation: Concrete Slab
- Roof: Metal
- Disability Access: None
- Square Feet: 41,070
- Office: 2,500 Sq. Ft.
- Warehouse: 38,570 Sq. Ft.
- Year Built: 1972
Unit Information
- Units in Complex: 18
Lot Features
- Lot Size (Acres): 2.09
- Minimum Lot Size: 91040
- Lot Size (Sq. Ft.): 91,040
- Yard Description: 16000 Sq. Ft.
- Present Use: Industrial, Warehouse
- Zoning: IG
Disclosures and Reports
- Restrictions: None
Listed by Piini Realty, Joe Piini
Sold by M82, Patrick Stafford
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Schools
Schools serving 557 Brunken Ave
School Districts:Salinas City Elementary School District, Salinas Union High School District
| Name | Grades | Distance |
|---|---|---|
Sherwood Elementary School, Salinas, CA 110 South Wood Street, Salinas, CA 93905 | K-6 | 0.6 mi |
Los Padres Elementary School 1130 John Street, Salinas, CA 93905 | K-6 | 1 mi |
Washington Middle School 560 Iverson Street, Salinas, CA 93901 | 7-8 | 1.4 mi |
Salinas High School 726 South Main Street, Salinas, CA 93901 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 557 Brunken Ave
Date
Details
Price
Change
Source
12/31/2025
Sold
$5,800,000
-21.62%
MLS
1/24/2025
Listed
$7,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
557 Brunken Ave, Salinas, CA 93901 (MLS# ML81991598) is a Industrial property that was sold at $5,800,000 on December 31, 2025. Want to learn more about 557 Brunken Ave? Do you have questions about finding other Industrial real estate for sale in Salinas? You can browse all Salinas real estate or contact a Coldwell Banker agent to request more information.

