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50 Chamberlain St

17,680 SF 100% Leased Industrial Building Salinas, CA 93901 $5,019,245 CAD ($284 CAD/SF) 4.90% Cap Rate

Executive Summary

Town 'N Country Realty proudly presents an exceptional investment opportunity at 50, 80 & 88 Chamberlain Street. This offering comprises
two independent structures, collectively spanning 17,680 square feet of versatile light industrial warehouse space, strategically situated on a
1.03± acre lot.
Nestled at the intersecting corners of Chamberlain Street and Brunken Avenue, the property enjoys a coveted location less than one block
away from Abbott Street—one of Salinas's principal arterial roadways. This optimal positioning provides effortless access to a wide range of
commercial and logistic avenues.

Data Room Click Here to Access

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $331,399 $18.74
Other Income - -
Vacancy Loss - -
Effective Gross Income $331,399 $18.74
Taxes $60,231 $3.41
Operating Expenses - -
Total Expenses $60,231 $3.41
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $331,399
Annual Per SF $18.74
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $331,399
Annual Per SF $18.74
Taxes (CAD)
Annual $60,231
Annual Per SF $3.41
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $60,231
Annual Per SF $3.41
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $5,019,245 CAD
Price Per SF $284 CAD
Sale Type Investment
Cap Rate 4.90%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
  • Industrial Service
Building Class C
Lot Size 1.03 AC
Rentable Building Area 17,680 SF
No. Stories 1
Year Built 1969
Parking Ratio 1.7/1,000 SF
Opportunity Zone Yes

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-491-019-000
Land Assessment
$122,756 CAD
Improvements Assessment
$321,673 CAD
Total Assessment
$444,429 CAD
Annual Taxes
$60,231 CAD ($3.41 CAD/SF)
Tax Year
2024

zoning

Zoning Code IGC (-Industrial General Commercial)
IGC (-Industrial General Commercial)
  • Listing ID: 34359112

  • Date on Market: 2025-01-03

  • Last Updated:

  • Address: 50 Chamberlain St, Salinas, CA 93901

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