CA
Monterey
SALINAS
93901
16 E Gabilan Street
16 E Gabilan Street, SALINAS, CA 93901
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
14
$4,200,000

Home Details for 16 E Gabilan Street

Price
$4,200,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
11341
Year built
1930
Lot size acres
0.0989
County
Monterey
Garage
Days on site
304
MLS Listing#
ML81987355
Listed By: Villa Nueva Properties - 831-206-7832
Presented by: Joe Villanueva
Property Description

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.

Property Features
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • House Interior
    • None
  • Utilities
    • Public Utilities
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-06-26 08:34:34
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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