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Downtown Salinas Opportunity Zone 231 Main St 12,865 sq ft Retail Property Salinas, CA 93901 £1,645,106 (£127.87/sq ft)



EXECUTIVE SUMMARY
Mahoney & Associates is pleased to present for sale 231 Main St. located in the heart of Downtown Salinas, a high visibility, high traffic location ideally situated for a host of retail uses. The building is currently laid out as a two-tenant building, with a skincare and body spa occupying approximately 3,600 SF, and the remaining balance of the building SF ±7,452 sqft being a large open space with high ceilings, skylights, and back of house storage. There are entrances on both Main St. and the public parking lot off of Monterey St. at the rear. At the rear section of the large open space on the second floor there is another ±2,736 sqft of office space that could be converted into apartment space with the passing of the City’s Adaptive Reuse Ordinance.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Restaurant
Property Size
12,865 sq ft
Costar Property Class
C
Year Built
1945
Price
£1,645,106
Price per sq ft
£127.87
Tenancy
Single
Number of Floors
2
Plot ratio
1.23
Total Plot Size
0.24 ac
Opportunity Zone
Yes
Use Class
Mixed Use - Downtown Core Area
Frontage
54 ft on MAIN
Walk Score®
Excellent pedestrian access (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 002-234-015-000 | Improvements Assessment | £69,409 |
| Land Assessment | £113,251 | Total Assessment | £182,661 |
PROPERTY TAXES
Parcel Number
002-234-015-000
Land Assessment
£113,251
Improvements Assessment
£69,409
Total Assessment
£182,661
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Downtown Salinas Opportunity Zone | 231 Main St
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