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301 Main St, Salinas, CA, 93901
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301 Main St Salinas, CA, 93901

$14,250,000 $500,000 Commercial for sale Other

301 Main Street in Salinas, California is an iconic six-story property located in the heart of downtown Salinas and just blocks away from the recently built +/- 100,000 square foot Taylor Farms Headquarters and Monterey County Superior Courthouse. The ground floor of the building is leased to Alvarado Street Brewerys art deco styled restaurant, Alvarado on Main. Floors 2 - 6 were converted from office space in 2022 to fifty (50) residential studio apartment units. The apartments are equipped with wide-plank oak flooring, stainless steel appliances, quartz countertops, LED illuminated vanity mirrors, and spacious showers. Approximately 5,000 SF of Trex decking has been installed on the roof of the building, as well as a viewrail glass railing around the perimeter of the roof space. The building is equipped with a ButterflyMX Smart Intercom service, laundry rooms on each floor (2 washers and 2 dryers per residential floor), mail room, storage spaces (available at an additional cost), on-site manager, and internal ground floor access to the Alvarado on Main restaurant. The property has been designated historic and is part of the Mills Act Program, which provides significant property tax savings.
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Property details

40,365 sqft interior area
Land area
6,200 sqft (0.14 acres)
Days on Verhouse
95
Address
301 Main St, Salinas, CA, 93901
City of California
Salinas
County
Monterey
Year Built
1930
District
Listing

Nearby major retailers

Costco
Lowe's
Walmart Supercenter
T-Mobile
Toyota
Wholesale: 1
Do it yourself: 1
Supermarket: 2
Mobile phone: 1
Car: 1
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Interior Features

Garage & Parking
Off Site

Listed by

Patrick Stafford, Baird Partnership, Inc.
Name
Patrick Stafford
License number
01857243
Brokerage company
Baird Partnership, Inc.
MLS #
ML81953617

Payment calculator

Calculate your monthly payments
Mortgage
$43,751
Taxes
$0
HOA dues
$0
$43,751 per month
Mortgage
$2,850,000 / 20%
2.28%
30 years
Your amount $43,751 / month

Lot details

TMK #002233019000
Parcel nr.
002233019000

93901 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 93901

52%
Families with children
National average: 39%
24%
Non family households
176,510
Population
$79,605
Average Income

Age & gender

Median age 33 years
More info

Commute types

83% commute by car
More info

Education level

35% have not graduated education
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Number of employees

5% work in agriculture
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Vehicles available

36% have 2 vehicle
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Vehicles by gender

36% have 2 vehicle
More info

Housing market insights for

$665.64k
Neighborhood average
sales price*
$660k
Neighborhood median
sales price*
175
Number
of sales*

Housing type

56% are single detacheds
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Rooms

47% of the houses have 4 or 5 rooms
More info

Bedrooms

66% have 2 or 3 bedrooms
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Owners vs Renters

53% are renters
More info
12.5 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease May 9, 2024
Date Event Price $/sqft Source
May 9, 2024 Price Decrease $14,250,000 -3.39% 0 MLS #ML81953617
Apr 8, 2024 Price Decrease $14,750,000 -6.05% 0 MLS #ML81953617
Mar 26, 2024 Price Decrease $15,700,000 -3.09% 0 MLS #ML81953617
Mar 5, 2024 Price Decrease $16,200,000 -5.81% 0 MLS #ML81953617
Feb 7, 2024 New Listing $17,200,000 0 MLS #ML81953617

Taxes of 301 Main St, Salinas, CA, 93901

MX zoning / MLS #ML81953617
Zoning
MX

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Frequently Asked Questions about 301 Main St

What is 301 Main St?

301 Main St is a Commercial/Industrial propertywith 40,365 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

301 Main St, Salinas, CA, 93901.

What comparable properties are nearby?

Comparable nearby commercial properties include 463 El Camino Real S A, 7201 Hwy 1, San Carlos 3 Ne Of 6th St, 1904 Monterey St, Walnut Ave, 101 Aviation Way.

Based on information from the bridgeMLS as of 05-11-2024. 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.

Listing last updated on: May 10, 2024
Verhouse Last checked 3 minutes ago


The closest grocery stores are Lucky, 1.06 miles away and Star Market, 1.25 miles away.
The 93901 zip area has a population of 176,510, and 52% of the families have children. The median age is 33.07 years and 83% commute by car. The most popular housing type is "single detached" and 53% is renter.
Commercial For sale $14.25m  $500,000 301 Main St, Salinas, CA, 93901 Save House Remove from Saved