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254 E Market St
Salinas, CA 93901

Land For Sale · 0.23 AC

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Investment Highlights

Close proximity to HWY 101
Located near many retail, commercial, and industrial establishments

Near downtown Salinas
Potential development opportunity

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Commercial Industrial Auto Dealership Parking Lot
No. Lots	1	Total Lot Size	0.23 AC
Property Type	Land	Opportunity Zone	Yes 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.
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Auto Dealership Parking Lot
Total Lot Size	0.23 AC
Opportunity Zone	Yes 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.

1 Lot Available

Lot

Price	£515,635	Lot Size	0.23 AC
Price Per AC	£2,246,108

Price	£515,635
Price Per AC	£2,246,108
Lot Size	0.23 AC

Vacant car lot

Description

Mahoney & Associates is pleased to present for sale an approximately 10,000 sq. ft. lot located east of downtown Salinas. The subject property was previously leased as a used car lot. The mixed arterial zoning allows for a variety of commercial uses. Located on East Market St, the site is surrounded by numerous retail, commercial, and industrial establishments.

PROPERTY TAXES

Parcel Number	003-114-004-000	Improvements Assessment	£25,184
Land Assessment	£201,516	Total Assessment	£226,700

PROPERTY TAXES

Parcel Number

003-114-004-000

Land Assessment

£201,516

Improvements Assessment

£25,184

Total Assessment

£226,700

zoning

Zoning Code	Mixed Arterial Frontage (Variety of commercial uses)
Mixed Arterial Frontage (Variety of commercial uses)

Listing ID: 18211825
Date on Market: 16/01/2020
Last Updated:
Address: 254 E Market St, Salinas, CA 93901

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