- $4.2M Price
- .1 Acres
- 319 DOM
16 Gabilan Street
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.
Essential Information
- MLS® #ML81987355
- Price$4,200,000
- Bathrooms0.00
- Acres0.10
- Year Built1930
- TypeCommercial Sale
- StatusActive
Community Information
- Address16 Gabilan Street
- Area699 - Not Defined
- CitySalinas
- CountyMonterey
- Zip Code93901
Interior
- CoolingWall/Window Unit(s)
Exterior
- RoofConcrete
Additional Information
- Date ListedNovember 23rd, 2024
- Days on Market319
- ZoningC-1
Listing Details
- AgentJoe Villanueva
- OfficeVilla Nueva Properties
Joe Villanueva, Villa Nueva Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of October 8th, 2025 at 1:50pm PDT. 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.