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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

1200 W Market Circle, Salinas – $1,995,000

  • $2M Price
  • .13 Acres
  • 81 DOM
  • $2M Price
  • .13 Acres
  • 81 DOM

1200 W Market Circle

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.

Essential Information

  • MLS® #ML82046180
  • Price$1,995,000
  • Bathrooms0.00
  • Acres0.13
  • Year Built1914
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address1200 W Market Circle
  • Area699 - Not Defined
  • CitySalinas
  • CountyMonterey
  • Zip Code93901

Amenities

  • Parking Spaces20

Interior

  • HeatingElectric, Wall Furnace
  • CoolingNone

Exterior

  • RoofComposition

School Information

  • DistrictOther

Additional Information

  • Date ListedMay 7th, 2026
  • Days on Market81
  • ZoningHDR 8

Listing Details

  • AgentThe C Group
  • OfficeReal Brokerage Technologies
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Price Change History for 1200 W Market Circle, Salinas, (MLS® #ML82046180)

Date Details Change
Price Reduced from $2,300,000 to $1,995,000 $305,000 (13.26%)

The C Group, Real Brokerage Technologies.

Based on information from California Regional Multiple Listing Service, Inc. as of August 11th, 2026 at 3:31pm 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.