1200 W Market Circle Salinas, CA ^$ 2,300,000

1200 W Market Circle

^$ 2,300,000

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Recently Listed

1200 W Market Circle

Salinas, CA, 93901

^$ 2,300,000

Bedrooms-- Baths-- Sq 5,853

Monthly Estimate*

^$ 14,161

Listed by Real Brokerage Technologies

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Commercial Property for sale in Salinas, CA

for $2,300,000. This 5,853 square foot building was built in 1914 on a lot size of 0.1344.

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.

Commercial Active

Price

^$ 2,300,000

Property Type

Commercial

Taxes

^$ 24,494

Style

Lot Size

0.1344

Year Built

1914

Town/City

Salinas

County/Region

Monterey

MLS | Web ID

ML82046180

Days on Market

Features

General

Heating Electric Wall Furnace

Cooling None

Roof Composition

Zoning HDR 8

HOA Fee 0

Year Built 1914

County Monterey

Insurance Expense 7500

Property Type Commercial Sale

MaintenanceExpense 6430

Special Listing Conditions Standard

Status Active

City Salinas

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 5853

Carport Spaces 0

Tax Annual Amount 24494

Trash Expense 15508

Standard Status Active

Occupancy Type Tenant

Year Built Source Other

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Well

Total Parking 20

Lot Size Area 5853

Number of Buildings 3

Building Area Total 5853

Lot Size Acres 0.1344

Lot Size Source Other

* Excluded Features

List By

Real Brokerage Technologies

Broker

team@realcgroup.com

Affordability Calculator

$16,203

Per Month

Monthly Principal & Interest: $14,161
Monthly Property Taxes: $2,041
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Salinas, CA

Average List Price ^$2,971,784

Percent of Sale Price 29%

About Salinas, CA

156,722 Population

3% Since 2002

^$53,080 Median Income

32.07 Median Age

44% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2026	$2,300,000		Listed Price

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1200 W Market Circle, Salinas, CA, 93901 is a Commercial Property for sale at $2,300,000 with 5,853 sqft and a lot size of 0.1344. 1200 W Market Circle was built in 1914. The property's zip code is 93901 which is in Salinas, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1200 W Market Circle

Commercial Property for sale in Salinas, CA

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